Allianz Endurance Plus Fixed Indexed Annuity


Allianz Endurance Plus is a fixed index annuity built for retirement income, inflation protection, and enhanced death benefit. No longer available.

Discover the Allianz Endurance Plus Annuity. A solid retirement plan considers both phases of retirement:

  • Accumulation – when you’re saving for retirement.
  • Distribution, when you start receiving retirement income.

A fixed index annuity can help you prepare for both.


Allianz Endurance Plus is a flexible premium deferred fixed index annuity.

It can offer you guarantees while it helps you reach your financial goals.

With Allianz Endurance Plus:

  • You can earn interest on your premium payments based on changes in your choice of index options and a fixed interest option.
  • You receive a 20% bonus, added to the Enhanced Withdrawal Benefit (EWB) value on all premium received in the first three years.
  • You can earn enhanced interest credited to the EWB value when your selected allocations earn interest.
  • You can choose an EWB income option that can give you the opportunity for income withdrawal increases.



Buying an annuity is one way to build your retirement assets.

Annuities offer principal protection and potential interest to help you accumulate money for your retirement.

The money in your annuity can grow tax-deferred, which may help your savings accumulate faster.

Annuities also offer valuable guarantees and death benefit protection.

If you surrender your contract, you’ll receive at least a guaranteed minimum value.

And because annuities are insurance products, they can give you the reassurance of knowing that your beneficiaries will get a death benefit if you pass away before you start receiving annuity payments.

Finally, annuities give you several income options once you’re ready:

  • You can receive income as a single payment,
  • as regular payments over a specific period of time,
  • or even as income for life.

These are just a few of the reasons why many people rely on annuities to help them achieve their long-term financial goals.

Fixed index annuities offer additional benefits.

In addition to the benefits we’ve just discussed, a fixed index annuity has the potential to earn interest based on changes in an external index.

This is different from traditional fixed annuities, which credit interest calculated at a fixed rate set in the contract.

Because the chosen index varies daily and is not predictable, the interest you earn through a fixed index annuity could be more or less than the interest from a traditional fixed annuity.

Many fixed index annuities also let you allocate premium to a traditional fixed interest option, where interest is credited at a fixed rate.

Regardless of whether you choose fixed interest, indexed interest, or a combination of both, an annuity’s benefits can make it a valuable part of your overall retirement strategy.



Allianz Endurance Plus Annuity offers you accumulation potential, flexibility, and principal protection

Accumulation potential

Allianz Endurance Plus lets you benefit when the market index is heading up.

When the market increases, the value of your Allianz Endurance Plus can also increase, subject to a cap or spread.

The indexed interest rate will never be less than zero.

Accumulation value

This is equal to the total premium paid plus 100% of any interest earned, less withdrawals, surrender charges, and charges for any optional riders you select.

The accumulation value is available as a lump sum anytime after 10 years, or for annuitization after five years.

Enhanced Withdrawal Benefit (EWB) value

This is the total premium paid plus a 20% EWB bonus.

Anytime the accumulation value earns interest, the EWB value earns enhanced interest at a factor of 105%.

For example, if your interest rate is 4%, your EWB value would earn 4.2% (4% x 105%).

If the accumulation value does not earn interest, the EWB value will remain unchanged.

Withdrawals (including EWB payments) will reduce the EWB value.


Design your retirement income.

To access your Enhanced Withdrawal Benefit value, you can choose one of two EWB income withdrawal options.

You don’t have to decide right now, you can decide when you start EWB payments anytime 10 years down the road or longer.

All of your income options will be discussed later on in this brochure.

Access your money when you need cash.

If you want to access your money in a lump sum, Allianz Endurance Plus gives you the flexibility you need.

Anytime after your 10th contract year, you can take your annuity’s full accumulation value.

After the contract anniversary following your most recent premium payment, you may also annually withdraw up to 10% of your total premium paid – without surrender charges.

Withdrawals reduce contract values and the value of any income and death benefits.

Principal protection

Allianz Endurance Plus protects your principal and locks in interest automatically.

Since this is a fixed index annuity, your principal is never subject to market index decreases.

A downturn in the market index(es) cannot reduce your contract values.

There are no up front sales charges.

100% of your premium is credited to the accumulation value and 100% of your premium plus the EWB bonus is credited to the EWB value on the day it is received.

There is a surrender charge in the first 10 years of this contract.

Surrender charges may result in the loss of all or part of the bonus, any indexed interest or fixed interest you have earned, and a partial loss of principal.

Allianz Endurance Plus includes a death benefit.

The Enhanced Withdrawal Benefit value, which includes a 20% bonus and any enhanced interest credits, is available to your beneficiary if taken as annuity payments over a period of at least five years.

Your beneficiary also has the option to receive the greater of the contract’s accumulation value or guaranteed minimum value in either a lump sum or in scheduled annuity payments.

The death benefit, when paid to a properly designated beneficiary (other than the estate), will pass without the costs and delays of probate.

Retirement income options

After 10 years you can start an income withdrawal stream based on your EWB value.

You can choose one of two income withdrawal options to fit your individual needs.

No matter which option you choose, your payments will increase following each year your contract earns interest.

Traditional annuity payments are also available.

Option I: Scheduled withdrawals

Under this option, you may take up to 10% of your EWB value each contract year.

After each year your chosen allocations earn interest, your maximum withdrawal can grow with enhanced interest.

If you choose this option and request the maximum annual distribution, after exactly 10 years of income payments, you will have received your annuity’s full EWB value, and the contract will terminate.

This includes the 20% EWB bonus plus any enhanced interest credited over the entire life of the annuity.

With this option, you can suspend or restart payments, or revise your payment amount, as long as you don’t exceed the maximum in any contract year.

You can also switch the remaining EWB value into Option II or cancel your contract and receive the remaining accumulation value as a lump sum.

Option II: Lifetime withdrawals

You can access your annuity’s EWB value in payments that last as long as you live.

The amount of your payments will be determined based upon the age when you start your lifetime income stream.

Your initial payment will equal a percentage of your EWB value.

After each subsequent year, your selected allocations earn interest, your lifetime income payment will grow with enhanced interest.

You must be at least 60 but no older than 90 years of age to elect this option.

Note* Although you cannot suspend payments, revise your payment amount, or switch the remaining EWB value to Option I, you are free at any time to cancel your contract and receive your remaining accumulation value as a lump sum or to begin annuity payments based on the remaining accumulation value.

Traditional annuitization

If you utilize a traditional annuitization option, your annuity payments are based on your accumulation value (which does not include the EWB bonus or enhanced interest reflected in your EWB value).

These annuity options can have certain tax advantages.

As long as you keep your contract for at least five years, you can choose to receive annuity payments in any of the following ways:

Interest only 

You have the option to receive interest-only annuity payments for five years.

Interest will be paid as earned based on the amount of your accumulation value.

After five years of interest-only payments, you can take your full accumulation value as a lump-sum payment.

Installments for a guaranteed period

You can choose to receive annuity payments in equal installments for a period from 10 to 30 years.

Each installment would consist of part principal and part interest.

Installments for life 

You have the option to receive annuity payments in equal installments for the rest of your life.

Payments end upon your death.

Installments for life with a guaranteed period

You can choose to receive annuity payments in equal installments for the rest of your life.

Upon your death, annuity payments will be paid to your beneficiary for the balance of a guaranteed period you select, from 10 to 30 years, the same way as you previously selected

Installments for a selected amount 

You may receive annuity payments in equal installments of an amount that you choose, as long as the payments last for at least 10 years.

Payments continue until your accumulation value is gone.

Joint and survivor 

You can have equal installments paid until your death, then continue to be paid to your survivor.

In this case, you can select 100%, 2⁄3, or ½ of your payment amount to be paid to your survivor until his/her death.

The payout rate used to determine your annuity payments depends on the age of your contract, the age of the annuitant, and the payout option selected.

The interest rate in payout is guaranteed to be at least 1%.


Access your money if a need arises.


After the first contract year, you can take up to 10% of your contract’s paid premium each year in one or more withdrawals without surrender charges.

  • The first 5% you take out in a contract year will reduce your accumulation value and EWB value by the amount of the withdrawal. You are eligible to receive indexed interest on this withdrawal at the end of the contract year based on the rate and length of time that withdrawal amount remained in the contract.
  • The second 5% you take out in a contract year will reduce your EWB value by the same percentage that it reduces your accumulation value. You are eligible to receive indexed interest on this withdrawal at the end of the contract year based on the rate and length of time that withdrawal amount remained in the contract.
  •  If you take out more than 10% in a contract year, a partial surrender charge will apply to the amount above 10% (the excess partial withdrawal), and your EWB value will be reduced by the same percentage your accumulation value was reduced.

If you fully surrender your contract or add a premium, we will retroactively recalculate any withdrawals you took within the same contract year as if they were all excess withdrawals.

This may result in the loss of all or part of your bonus and interest you have earned and a partial loss of principal.

Required minimum distributions

Required minimum distributions from a tax-qualified plan (IRA, SEP, etc.) will not be subject to surrender charges if taken annually in December or monthly throughout the year.

Contract values will be reduced by the amount of the distribution(s).

The money you take out may be taxable.

Your contract values grow tax-deferred.

However, any distributions from your contract, including withdrawals, partial withdrawals, EWB payments, and required minimum distributions, may be taxable as ordinary income.

Because annuities are meant to be used for long-term purposes, if you are under age 59½ when a distribution is taken, it may be subject to a 10% federal additional tax.



The appeal of the Allianz Endurance Plus Annuity

Allianz Endurance Plus fixed index annuity offers you accumulation potential and flexibility to help you build a retirement strategy that suits your changing needs.

Is the Allianz Endurance Plus Annuity the right choice for your retirement plans?

It can be a powerful financial tool, offering potential indexed interest plus retirement income options.


Note*  This annuity is no longer in production.  For research purposes only.


Life Insurance Alternative

If you’re seeking to enhance a death benefit for estate planning purposes, also shop and compare life insurance quotes too.  It’s rare we don’t find a solution.  Life Insurance is tax-free for beneficiaries while annuities are tax-deferred for beneficiaries.




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