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1 https://www.macrotrends.net/countries/USA/united-states/life-expectancy
2 Policy loans and withdrawals will reduce the available cash value and death benefit and may cause the policy to lapse, or affect guarantees against lapse. Withdrawals in excess of premiums paid will be subject to ordinary income tax. Additional premium payments may be required to keep the policy in force. In the event of a lapse, outstanding policy loans in excess of unrecovered cost basis will be subject to ordinary income tax. If a policy is a modified endowment contract (MEC), policy loans and withdrawals will be taxable as ordinary income to the extent there are earnings in the policy. If any of these features are exercised prior to age 59½ on a MEC, a 10% federal additional tax may be imposed. Tax laws are subject to change and you should consult a tax professional.
The death benefit is generally paid to beneficiary’s income tax-free.
Fixed index universal life insurance provides death benefit protection, plus the opportunity to build accumulation value.
Life insurance does not provide a guaranteed source of income in retirement.
Fixed index universal life insurance requires qualification through health and financial underwriting.
Diversification does not ensure a profit or protect against a loss.
Allianz Life Insurance Company of North America does not provide financial planning services.
Guarantees are backed by the financial strength and claims-paying ability of Allianz Life Insurance Company of North America.
This notice does not apply in the state of New York.
Products are issued by Allianz Life Insurance Company of North America, PO Box 59060, Minneapolis, MN 55459-0060.
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