I am an Insurance Broker for 6 years now, and I have been working with Allianz since 1996. I personally think this is one of the best companies available. They offer some of the best benefits you can receive. They are a "married company" with Life USA, my favorite company to sell annuities with.
Recommend this product?
Life USA offers a 10% bonus annuity, which is a great product! You receive an automatic 10% bonus on all the monies put in to it, and then you receive that 10% bonus on all monies put into it for the next ten years. This is in addition to annual interest you receive. If you catch them at the right time of the year, sometimes they throw in an extra bonus of 14%-16%.
An annuity will protect your monies against probate, which is a great feature, especially if you don't have a trust or will set up. They also can work for you as a retirement fund, but keep in mind you are not allowed to take out more then 10% a year until age 59 1/2. This product is great for people who are just retired and need to transfer money into an account from an account at their job, or just need an account to put a chunk of money in and balance it through out the rest of their lifetime.
Allianz/Life USA is a great company! Customer service is excellent! They treat there agents very well! Claims paying is very fast and accurate.
Great new products, Universal Annuity Life, Lifefund, and the Security planner. Life insurance you pay for till age 65, with the option to annuitize the cash value of the policy for a period of time, Life, 10 year period certain, or 20 year period certain. These products are perfect for parents!
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