Important: Transition Rules for Pending Life Pro+ Advantage 1.0 Life Insurance Policies

Please note the following guidelines for pending Allianz Life Pro+ Advantage Fixed Index Universal Life Insurance Policy business that was submitted prior to 12/14/2020:

  • If a policy is out for delivery, delivery requirements and premium must be to Allianz by 6/11/2021 to be put inforce.
  • If a policy is currently pending, meaning all requirements are to Allianz, the client and producer will have 30 calendar days after the policy is issued to return all delivery requirements and premium to Allianz.
  • If Allianz is waiting on final requirements, any outstanding requirements must be into Allianz by June 1, 2021 to be eligible for the pre-changed version of the product.

If the above criteria is not met, your clients will not be eligible to receive a pre-changed version (pre-12/14/2020) of the product and the application will either be closed or will be eligible for a post-change version of the product.