Allianz Annuity Complaints

This tends to skew the numbers in terms of complaint volume.

Allianz annuity complaints. The complaints that do focus on the annuities seem to focus on difficulty with claims some of which can be attributed to policyholders who did not clearly understand the terms of their contract although there are some complaints regarding poor customer service. While annuities are safe and useful financial tools the industry can be confusing and some use the publics ignorance to take advantage of unaware annuity buyers. Allianz furnished a list of certificates issued Regan Holding wrote business for Allianz The examiners reviewed all of the life insurance and annuity complaints received by the company during the period 1-1-92 through 12-31-96.

Allianz Life receives solid ratings from all the leading rating agencies. Allianz Life Insurance Company of North America Premium increase of 368 and reduction of Accumulated Value by 450 with no notice of pending changes. Anyone considering investing in annuities should know the dangers of working with unscrupulous insurance agents.

SP recently affirmed Allianz Lifes AA Rating very strong with a stable outlook. The complaint alleged that Allianz ignored the warnings of its own economists that conditions could worsen and gambled that risky trades would recoup losses it suffered in February. Was scared to have that much money in checking acct and my tax guy told me to do this.

While the Allianz 222 and Allianz Core Income 7 remain highly successful in their own right the new Allianz Benefit Control Annuity or Allianz ABC Annuity. Annuity Alliance Review. This review was posted by.

Allianz Benefit Control Annuity is the most recent addition to Allianz Lifes portfolio of innovative and successful fixed index annuity products. Our internal complaints handling procedure is as follows. However there is a 10-year window when any withdrawals past the 10 fee-free amount are accompanied by excess charges.

This is why annuities should NEVER be a significant part of your investment portfolio because they are essentially illiquid for many years. If the market went up. These are huge lockup fees and if you need the money they sock it to you.