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.
View Source
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:
View Source
Allianz Life has the meaning specified in the introductory paragraph.
View Source

Examples of Allianz Life in a sentence

  • Any updates to the “Doing Business with Allianz Life Financial Services, LLC,” document transmitted by Allianz or Life Company to General Agent shall be incorporated into and become a part of this Agreement.

  • General Agent and its Associated Persons shall, in the solicitation and sale of the Contracts, comply with the Allianz or Life Company rules, policies, and procedures in the “Doing Business with Allianz Life Financial Services, LLC” document which is attached hereto as Exhibit A and incorporated herein by reference.

  • The separate accounts of Allianz Life and Allianz Life of NY that fund the Contracts, together with certain affiliates, are the owners of record of the Acquired Fund shares; however, the owners of the Contracts ("Contract Owners"), as beneficial owners of the Acquired Fund shares held by the separate accounts, will have the opportunity to instruct Allianz Life and Allianz Life of NY on how to vote the shares held by the separate accounts.

  • The parties to this Agreement acknowledge that the Trusts’ Chief Compliance Officer is an employee of Allianz Life and reports to the Chief Ethics and Compliance Officer of Allianz Life for AIM human resources purposes, including performance review and compensation, and that this relationship involves inherent conflicts of interest.

  • The personnel responsible for providing compliance services under this agreement will be employees of AIM, or its parent, Allianz Life Insurance Company of North America (“Allianz Life”).

  • By: ______________________________ Name: Title: SCHEDULE A SEPARATE ACCOUNTS AND ASSOCIATED CONTRACTS Name of Separate Account and Form Number and Name of Date Established by Board of Directors Contract Funded by Separate Account Allianz Life Variable Account A LifeFund Established: May 31, 1985 Allianz Life Variable Account B Valuemark II/III Valuemark IV Established: May 31, 1985 VIP Charter II Alterity Rewards Dimensions IVA High Five SCHEDULE B PORTFOLIOS OF THE UNIVERSAL INSTITUTIONAL FUNDS, INC.

  • Certain separate accounts of Allianz Life Insurance Company of North America ("Allianz Life") and Allianz Life Insurance Company of New York ("Allianz Life of NY") that fund variable annuity contracts ("Contracts") are, directly or indirectly, the sole shareholders of the Acquired Fund and the Acquiring Fund.

  • The Company: Allianz Life Insurance Company of North America By: /s/ ▇▇▇▇▇▇▇▇▇▇▇ ▇.

  • Must give 2 year written termination notice on Admin Service Agreement Immediate Variable Annuities Acquired 4/07 with the purchase of a shell co (now Allianz Life & Annuity Co.) Whole life insurance policies that were converted from group policies to individual policies The Company’s administration was handled manually in-house by Servicer with no administrative system.

  • By:/s/ ▇▇ ▇▇▇▇▇▇ Name: Title: Schedule A The Company Allianz Life Insurance Company of North America ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Organized pursuant to the laws of the State of Minnesota.

Related to Allianz Life

  • Career teacher means a teacher who:

  • Next Michigan development corporation means that term as defined in section 3 of the next Michigan development act, 2010 PA 275, MCL 125.2953.

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • Asset Management Plan means a strategic document that states how a group of assets are to be managed over a period of time. The plan describes the characteristics and condition of infrastructure assets, the levels of service expected from them, planned actions to ensure the assets are providing the expected level of service, and financing strategies to implement the planned actions. The plan may use any appropriate format, as long as it includes the information and analysis required to be in a plan as described in Ontario’s Building Together: Guide for Asset Management Plans.

  • Member of the University Community means employees, students, board members and volunteers.