Allianz Introduces the GenDex Life Insurance Series
Allianz Life Insurance Company of North America (Allianz) recently announced their new GenDex series of life insurance products is available for sale in over 30 states. Within the new series are the GenDex MomentumSM and GenDex SurvivorSM fixed index universal life insurance products, both of which offer the consumer the reassurance of knowing that if the insured dies, their beneficiaries will receive a death benefit. In addition, the new GenDex series offers the consumer customizable features to help them meet their diverse needs, including: new indexing choices, higher caps, enhanced early liquidity options, and shorter surrender periods.
The GenDex Momentum may be a good fit for consumers who want cash value accumulation by paying more in premiums. It can be custom-fit to the consumers’ needs, as it provides a number of riders and options (may be available at an additional cost) from which to choose. The GenDex Survivor is designed to insure two people with one policy and provides a good blend of potential cash value accumulation and guarantees.
“The new GenDex series offers the consumer the potential to build cash value in their life insurance policy, while providing them with a variety of options that together create a policy that has been tailored to fit their specific needs,” said Scott Fryklund, vice president of life insurance sales, Allianz Life Insurance Company of North America. “This new series also provides the consumer with the comfort of knowing their premiums and interest earnings are protected from loss due to market fluctuation –which is an important factor in helping our customers meet their financial goals during times of financial uncertainty.”
With today’s changing demographics and increased consumer awareness around choosing an appropriate financial and retirement option, this new product series offers the consumer protection and guarantees that can help meet the consumer’s needs. Allianz, a leading provider of financial solutions for consumers who want protection and income, continues to create, enhance and develop products for their customers’ changing financial and retirement needs.
For more information about Allianz and the new GenDex life insurance series, visit: www.allianzlife.com.