Allianz Life definition

Allianz Life s net amount at risk for each of the ten policy years, during any ten policy year period after the first ten policy years, shall be the prior year's net amount at risk less an amount equal to one-tenth of the difference between (a) the cash value of the life insurance reinsured as of the end of the policy year immediately preceding the period involved, and (b) the cash value of the life insurance reinsured as of the end of the last policy year of the period involved.
Allianz Life refers to Allianz Life Insurance Company of North America; (ii) “Allianz Life of NY” refers to Allianz Life Insurance Company of New York; (iii) “ALFS” refers to Allianz Life Financial Services, LLC; and “we” or “us” refers to the Allianz parties collectively. Allianz Life and Allianz Life of NY issue variable annuity and/or variable life insurance contracts (“Contracts”) through their separate accounts, which invest in Shares; ALFS is a registered broker-dealer and the principal underwriter of the Contracts. The terms and conditions of this Agreement are as follows:
Allianz Life has the meaning specified in the introductory paragraph.

Examples of Allianz Life in a sentence

  • Allianz Life Variable Account B is a unit investment trust as that term is defined in Section 4(2) of the Investment Company Act of 1940 (the Act), and is currently registered with the Securities and Exchange Commission, pursuant to Section 8(a) of the Act.

  • Allianz Life of NY Variable Account C is a unit investment trust as that term is defined in Section 4(2) of the Investment Company Act of 1940 (the Act), and is currently registered with the Securities and Exchange Commission, pursuant to Section 8(a) of the Act.

  • Allianz Life Insurance Company of North America is a stock life insurance company organized under the laws of the state of Minnesota and is authorized to offer fixed and variable annuities and individual life insurance.

  • Allianz Life Variable Account B is a unit investment trust as that term is defined in Section 4(2) of the Investment Company Act of 1940 (the "Act"), and is currently registered with the Securities and Exchange Commission, pursuant to Section 8(a) of the Act.

  • The Company, shall be submitted by hand, post, facsimile or E-mail: Bajaj Allianz Life Insurance Company, GE Plaza, Airport Road, Yerawada, Pune – 411 006 Toll Free No. 1800 209 7272 | Fax: 020-6602-6789 e-mail: customercare@bajajallianz.co.in The Policyholder must ensure that he keeps the Company informed if there is a change of address and contact details.

  • Non-disclosure – life insurance (cover underwritten by Allianz Life) In exercising the following rights, we may consider whether different types of cover can constitute separate contracts of life insurance.

  • You must apply in writing to Allianz (acting as agent of Allianz Life) as soon as you are reasonably able to after the date of trauma.

  • This trauma and death cover forms part of the No. 1 Statutory Fund of Allianz Life and it does not have a surrender value, nor does it entitle you to participate in our profits.

  • References to “we”, “our” or “us” only apply to Allianz and Allianz Life for the cover they are responsible for.

  • Your financial institution or the legal personal representative of your estate must apply in writing to Allianz (acting as agent of Allianz Life) as soon as practicable after your death.

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