ALLIANZ 360 SM ANNUITY
Your interest options With Allianz 360 SM , you can earn fixed interest – or choose to base potential interest credits on changes in several market indexes.
• The percentage of change in the index is calculated. • If the ending index value is higher than the beginning index value, a cap or participation rate (see the “components” section for more details) is applied to determine the amount of indexed interest you will receive. • If the value is lower, you won’t receive indexed interest. • You also have the opportunity to activate an index lock one time at any point during the crediting period (described later). MY point-to-point: The MY point-to-point crediting method may be a good choice if you want to minimize the effects of volatility between two points, multiple years apart. How it works: • You have two crediting periods to choose from. 2-year point-to-point uses the index value from two points in time, two contract years apart. 5-year point-to-point uses the index value from two points in time, five contract years apart. • On your applicable contract anniversary, we compare the index value from the beginning of the crediting period to the index value at the end of the crediting period. • We calculate the percentage of change in the index. • If the ending index value is higher than the beginning index value, the corresponding participation rate is applied to determine the amount of indexed interest you will receive.
FIXED INTEREST ALLOCATION Allianz 360 SM lets you earn interest at a fixed rate, if you wish. Allianz calculates and credits fixed interest daily, based on the rate we establish at the beginning of each contract year. INDEXED INTEREST ALLOCATIONS You can also choose to earn potential interest based on changes in your choice of several external market indexes: Benchmark Indexes • S&P 500 ® Index • S&P 500 Daily Risk Control 5% Index Exclusive Benchmark ER Indexes • BlackRock iBLD Claria ® ER Index • Bloomberg US Dynamic Balance II ER Index • PIMCO Tactical Balanced ER Index You also have a choice of crediting methods Crediting methods determine how much interest your annuity earns, based on the changes in an external market index. Allianz 360 SM gives you a choice of crediting methods. Annual point-to-point: Annual point-to-point uses the index value from only two points in time, so it may be a good choice if you want to minimize the effects of midyear market volatility. How it works: • On your applicable contract anniversary, the index value from the beginning of the crediting period is compared to the index value from the end of the crediting period.
Choose from multiple index allocation options and crediting methods.
The indexes available within the contract are constructed to keep track of diverse segments of the U.S. or international markets, or specific market sectors. These indexes are benchmarks only. Indexes can have different constituents and weighting methodologies. Some indexes have multiple versions that can weight components or may track the impact of dividends differently.
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