| BonusDexSM Elite Annuity Overview FeaturesThe BonusDex Elite Annuity offers your clients equity indexing and a bonus1 Clients can diversify their money between the S&P 5002, Nasdaq-100®3, and an Interest Earning Value, in increments of 25% Clients can elect more than one option per term and can change elections annually Clients receive up to a 10% bonus on initial premium4 Up to an additional 10% bonus on any premium added during the first 5 policy years4 Guaranteed participation rates and no asset fees 100% participation rates for the monthly average annual reset, guaranteed for the life of the policy 10% cap guaranteed for 1 year; will never be less than 5% No fees, loads, or sales charges guaranteed for life Safety Allianz Life Insurance Company of North America is a member of the Allianz Group, one of the world's leading integrated financial services providers and the 18th largest corporation, based on revenue5. AdvantageBonusDex is all about flexibility, performance, and choice - exactly what your clients look for Flexible premium - add premium anytime - up to a 10% premium bonus for the first 5 policy years Clients can elect up to 3 allocation options, which gives them the control they need to spread the risk Clients can annually re-allocate their money without tax consequences The cash surrender value is the greater of 90% of premium, less withdrawls, credited at a minimum of 1.5% interest (no bonus), or the Guaranteed Minimum Value Please note: This product is not a direct investment in an index. 1 Bonus is subject to client deferring the contract for a minimum of five years and taking the payout over ten years. 2 "Standard & Poor’s®," "S&P®," "S&P 500®," "Standard & Poor’s 500," and "500" are trademarks of The McGraw-Hill Companies, Inc. and have been licensed for use by Allianz Life Insurance Company of North America. The product is not sponsored, endorsed, or promoted by Standard & Poor’s, and Standard & Poor’s makes no representation regarding the advisability of purchasing the product. 3 "Nasdaq®," "Nasdaq-100®" and "Nasdaq-100 Index®" are trademarks of The Nasdaq Stock Market, Inc. and have been licensed for use by Allianz Life Insurance Company of North America. The product has not been passed on by the Corporations as to its legality or suitability. The product is not sponsored, endorsed, sold, or promoted by The Nasdaq Stock Market, Inc. THE NASDAQ STOCK MARKET, INC. MAKES NO REPRESENTATION REGARDING THE ADVISABILITY OF PURCHASING THE PRODUCT. 4 A bonus of 10% will be credited to all premium in the first 5 policy years if the inital premium is $50,000 or greater, otherwise a 5% bonus will be credited to all premium in the first 5 policy years. 5 Fortune, July 22, 2002 | | PowerDexTM Elite Annuity Overview FeaturesA flexible premium equity index annuity with a unique "high water" design Your clients can potentially profit from gains in the S&P 5001 without directly investing in the market Clients can lock in any annual index gains, up to an annual maximum, which ensures that they receive their highest values in the future (the high water value) Within 5 years, clients can lock in their best "high water" value with the 5-year "high water" vesting feature Guaranteed participation rates and no asset fees 100% participation rates for the point-to-point annual reset, guaranteed while the policy is in deferral 12% cap guaranteed for 1 year; will never be less than 5% No annual fees, loads, or sales charges guaranteed for life Safety Allianz Life Insurance Company of North America is a member of the Allianz Group, one of the world's leading integrated financial services providers and the 18th largest corporation, based on revenue2.Advantage PowerDex lets clients manage market volatility, not suffer from it A negative market cannot impact your clients’ initial principal With PowerDex, its maximum growth becomes its minimum value five years later, due to the high water design After 10 years, clients can walk away with their full accumulation value, including any index gains with no surrender charges Please note: This product is not a direct investment in an index. 1 "Standard & Poor’s®," "S&P®," "S&P 500®," "Standard & Poor’s 500," and "500" are trademarks of The McGraw-Hill Companies, Inc. and have been licensed for use by Allianz Life Insurance Company of North America. The product is not sponsored, endorsed, or promoted by Standard & Poor’s, and Standard & Poor’s makes no representation regarding the advisability of purchasing the product. 2 Fortune, July 22, 2002 |