Life Insurance

Allianz Life Insurance

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Last updated June 16, 2009

About Allianz

Founded in 1896 and based in Minneapolis, Allianz Life Insurance Company of North America (Allianz) provides fixed and variable annuities, life insurance policies, and long-term care insurance products in the United States. Known for innovation, performance, and customer service, the company has become a leader in the North American life insurance industry. Allianz products are offered through a network of independent financial professionals. The company is part of Allianz SE (a global financial services group that is ranked No. 14 on the Forbes Global 2000 list of the world’s largest corporations) and it’s based on sales, profits, assets and market value (April 2008). Allianz SE employs over 155,000 people worldwide.

Wiki Says

Allianz AG was founded in Berlin in 1890 and shifted its headquarters to Munich in 1949. The first step to become an international company started with the opening of a branch office in London in the late 19th century. Expansions through the 1970s included the establishment of business in France, Italy, Great Britain, the Netherlands, Spain, Brazil and the United States. In 2001, Allianz acquired Dresdner Bank, a large German bank. Allianz Group and Dresdner Bank combined their asset management activities by forming Allianz Global Investors. Allianz is now present in more than 70 countries with over 180,000 employees. At the top of the international group is the holding company, Allianz SE, with its head office in Munich. Allianz Group provides its more than 60 million customers worldwide with a comprehensive range of services in the areas of property and casualty insurance, life and health insurance, asset management and banking.

Allianz Life Insurance Says

Allianz offers a wide variety of life insurance products designed to help Americans live their lives with financial independence. Products include traditional universal life, single premium options, affordable term coverage and fixed index universal life. Features for Allianz Life Insurance include accumulation potential and protection against the financial risk of an untimely death, as well as distribution of retirement income in such an event. Contact Allianz at: Allianz Life Insurance Company of North America P.O. Box 1344 Minneapolis, MN 55416-1297 Telephone: (800) 950-5872 Sources: Allianz Life web site, “Allianz”, Wikipedia, June 6, 2009; “Fitch Affirms Allianz SE at IFS ‘AA-’”, Business News Americas web site, March 31, 2009