Allianz Core Income 7 Annuity Review

allianz core income 7

The Allianz Core Income 7 annuity is a Fixed Indexed annuity designed for growth and income.

Allianz Core Income 7 Annuity Highlights:

+Current Allianz Core Income 7 Rates

Allianz Core Income 7 Interest Rates
Indices Annual Point-to-Point Cap Annual Point-to-Point Spread
Nasdaq-100 4.50% N/A
S&P 500 4.50% N/A
Russell 2000 4.50% N/A
Barclays 7.50% 1.00%
Fixed Interest = 2.30%

Q: What is the minimum premium I need to pay?
A: $10,000

Q: Am I paid a bonus on my initial premium at sign-up?
A: No.

Q: Can I pay additional premium later on?
A: Yes, for the first three contract years additional premiums are accepted.

Q: Are there any age restrictions?
A: Yes. You can purchase this annuity up to age 80. In some states the age requirements may differ.

Q: In which states is the Allianz Core Income 7 annuity available?
A: The Allianz Core Income 7 annuity is not available in all states. Call 800-872-6684 to find out if it's available in your state.

Q: Does this annuity have an income rider (for withdrawing income)?
A: Yes. An income rider is included with your contract for an additional fee. This income rider continues

to increase your payments by the interest allocated to the policy even after you've begun taking a lifetime income.

Q: For how long are surrender charges in effect?
A: 7 Years

Q: Does the Allianz Core Income 7 annuity permit any withdrawals without penalties?
A: Yes, 10% of the contract's premium after the first contract year.

Q: What benchmark indices do the Allianz Core Income 7 offer?
A: Allianz's Core Income 7 annuity offers S&P 500, Nasdaq-100, Russell 2000, and the Barclays US Dynamic Balance Index II.

Q: What are the index account options?
A: Annual Point-to-Point, Annual Point-to-Point with Spread, and Fixed Interest.

Q: What is the Method for Crediting Interest or Gains?
A: Cap rates and spread.

To review the Allianz Core Income 7 annuity with an agent or to receive a free personalized illustration call 800-872-6684 or fill in the "Get My Free Quote" form in the upper right section of this page. You can also post your questions in the "Add a comment..." section below.

Read more about Allianz's Core Income 7 annuity on Allianz's site

See which other annuities are really popular here.

Category: Annuity

Similar articles: