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Allianz Life launches Legacy+ income rider for RILAs, keeps death benefit after contract value hits $0

PUBT·10/13/2026 13:44:21
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Allianz Life launches Legacy+ income rider for RILAs, keeps death benefit after contract value hits $0
  • Allianz SE unit Allianz Life launched Legacy+ Income Benefit, an optional rider for registered index-linked annuities.
  • Rider keeps a death benefit even if contract value falls to USD 0 from income payments.
  • Legacy Value is set at 50% of accumulated contract value when income starts, remaining unchanged regardless of payout duration.
  • Available on Index Advantage+ Select Income Annuity, Income Advantage ADV Annuity.
  • Total rider fees are 1.55% annually, including a 0.85% Legacy+ fee on top of a 0.70% income benefit fee.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Allianz SE published the original content used to generate this news brief via Business Wire (Ref. ID: 202610130944BIZWIRE_USPR_____20261013_BW915071) on October 13, 2026, and is solely responsible for the information contained therein.