MasterDex X Annuity

Choosing option B or C can make a difference in additional commissions

Allianz Life Insurance Company of North America
Can taking less mean more? Allianz MasterDex X fixed index annuity offers insurance professionals the opportunity
to choose from three different commission options.
Option A pays a top GA commission of 7% (issue ages 0-75) on all premiums paid in the first contract year. Option B pays
a 5% commission on all premiums paid in the first year. Starting in year two, there is a .5% trail commission on the previous
years accumulation value and this continues every year the product is in deferral. Option C pays a 2.5% commission on all premiums paid in the first year.
Starting in year two, there is a full 1% trail commission on the previous years accumulation value and this continues every year the product is in deferral.
In the chart below, we have a hypothetical example of an Allianz agent who sold $1,000,000 of MasterDex X premium each year for 10 years. Assuming
a 10% premium bonus, the accumulation value increasing by 8% annual indexed interest each year, and no partial surrender or withdrawals taken by the
contract owner, option C would pay an insurance professional more than $133,000 over option B, and more than $191,000 over option A.
Sometimes taking less can mean more.
Beginning of contract year
Accumulation value

Total
commission
paid each year
per option
(trail listed in
parentheses)

Year 1

Year 2

Year 3

Year 4

Year 5

Year 6

Year 7

Year 8

Year 9

Year 10

Total

$1,100,000

$1,188,000
$1,100,000

$1,283,040
$1,188.000
$1,100,000

$1,385,683
$1,283,040
$1,188,000
$1,100,000

$1,496,538
$1,385,683
$1,283,040
$1,188,000
$1,100,000

$1,616,261
$1,496,538
$1,385,683
$1,283,040
$1,188,000
$1,100,000

$1,745,562
$1,616,261
$1,496,538
$1,385,683
$1,283,040
$1,188,000
$1,100,000

$1,885,207
$1,745,562
$1,616,261
$1,496,538
$1,385,683
$1,283,040
$1,188,000
$1,100,000

$2,063,023
$1,885,207
$1,745,562
$1,616,261
$1,496,538
$1,385,683
$1,283,040
$1,188,000
$1,100,000

$2,198,905
$2,063,023
$1,885,207
$1,745,562
$1,616,261
$1,496,538
$1,385,683
$1,283,040
$1,188,000
$1,100,000

Total
commission
paid in
10 years

Total
commission
paid in
10 years
assuming
0% indexed
interest

Option A

$70,000

$70,000

$70,000

$70,000

$70,000

$70,000

$70,000

$70,000

$70,000

$70,000

$700,000

$700,000

Option B

$50,000

$55,940
($5,940)

$62,355
($12,355)

$69,283
($19,283)

$76,766
($26,766)

$84,847
($34,847)

$93,575
($43,575)

$103,001
($53,001)

$113,316
($63,316)

$124,310
($74,310)

$833,393

$680,000

$22,500

$34,380
($11,880)

$47,210
($24,710)

$61,067
($38,567)

$76,032
($53,532)

$92,195
($69,695)

$109,651
($87,151)

$128,503
($106,003)

$149,133
($126,633)

$171,122
($148,622)

$891,793

$675,000

(annual trail)

Option C
(annual trail)

This illustration is intended to show how the various commission options operate, and is not intended to project future compensation values.
Trail commissions will be paid quarterly on a calendar-year basis after the first contract anniversary.
The bonus is vested over a 10-year period at 10% each contract anniversary, until the 11th contract year when 100% will be vested. If the contract is surrendered during the surrender charge
period, the client will receive the portion of the bonus that is vested. Bonus annuities may include higher surrender charges, longer surrender charge periods, lower caps, higher spreads, or
other restrictions that are not included in similar annuities that dont offer a premium bonus. During the first 10 contract years, we will apply a surrender charge if the contract is partially or
fully surrendered. The same would apply if annuitization began, which means receiving regular income payments over a specified period of time, prior to the sixth contract year (or for fewer
than 10 years). These charges may result in a loss of bonus, indexed interest and fixed interest, and a partial loss of principal (premium payment).
Products are issued by Allianz Life Insurance Company of North America, 5701 Golden Hills Drive, Minneapolis, MN 55416-1297. 800.950.7372 www.allianzlife.com
For financial professional use only not for use with the public.
C52575
ASI-325
Product and feature availability may vary by state.
(12/2009)