This presentation reviews the new product releases from the annuity carriers and life insurers we cover in our Annuity Monitor and Life Insurance Monitor research services. Inside, we review the new products introduced in the fourth quarter of 2013.

1. ANNUITY AND LIFE INSURANCE PRODUCT UPDATE
FOURTH QUARTER 2013
AUTHOR: JOSE MIGUEL SANTANA
PUBLISHED: JANUARY 2014
COPYRIGHT 2014 CORPORATE INSIGHT, INC.

2. TABLE OF CONTENTS

Introduction

Annuity
o Allianz Life: Index Advantage
o Allianz Life: Core Income 7
o Allianz Life: Signature 7
o AXA Equitable: Investment Edge
o Pacific Life: Income Advantage
o Transamerica: O-Share

Life Insurance
o Nationwide: YourLife Guaranteed Level Term
o Nationwide: YourLife CareMatters
o The Principal: Indexed Universal Life Flex

Corporate Insight Thought Leadership

About Corporate Insight

About the Author
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3. INTRODUCTION
INTRODUCTION
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4. BACKGROUND
This presentation reviews the new
product releases from the annuity
carriers and life insurers we cover in
our Annuity Monitor and Life
Insurance Monitor research services.
INTRODUCTION
Inside, we review the new products
introduced in the fourth quarter of
2013.
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5. FIRMS COVERED
Below is a list of the firms we track on a daily basis for our Annuity Monitor and Life
Insurance Monitor research services:
Annuity Monitor
Life Insurance Monitor
o
Allianz Life
o
MetLife
o
AXA Equitable
o
Nationwide
o
Aviva
o
Nationwide
o
o
New York Life
o
AXA Equitable
o
New York Life
Genworth
Financial
o
o
Fidelity
o
Pacific Life
Northwestern
Mutual
o
ING
o
The Principal
o
Jackson
National
o
Prudential
o
INTRODUCTION
o
John Hancock
o
Lincoln
Financial
o
MassMutual
o
John Hancock
o
Liberty Mutual
o
Pacific Life
o
Lincoln
Financial
o
Principal
Financial
TIAA-CREF
o
MassMutual
o
Prudential
o
Transamerica
o
MetLife
o
USAA
o
VALIC
o
Vanguard
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6. ANNUITY PRODUCT UPDATE
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7. ALLIANZ LIFE: ALLIANZ INDEX ADVANTAGE
 Rolled out in late September, the new variable annuity offers
clients the opportunity to capture growth based on the
performance of the S&P 500, the Russell 2000 or the Nasdaq
100.
ANNUITIES
 Includes a death benefit, three variable options and two
innovative index strategies, both of which protect against
negative index performance and limit how much investors can
receive based on index performance.
Allianz Life Public Website Promotional Image
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8. ALLIANZ LIFE: CORE INCOME 7
 The firm’s first fixed indexed annuity produced
to appeal to the broker/dealer channel.
 Guarantees principal and credited interest
against loss due to market downturns.
ANNUITIES
 The lifetime withdrawal percentage
automatically increases as early as age 45 and
continues each year the client waits to begin
lifetime withdrawals. Additionally, contract
owners can choose between one or more
interest crediting allocations, which can be
changed annually.
 Clients can earn fixed interest or choose to
base potential indexed interest on changes in
several market indices, including the new
Barclays US Dynamic Balance Index.
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9. ALLIANZ LIFE: SIGNATURE 7
This new fixed indexed annuity focuses on safe accumulation and is the second
broker/dealer produced annuity introduced by Alliaz this quarter.

Designed to complement Allianz’s Core Income 7 fixed indexed annuity, which
focuses more on generating income than accumulation.

Has a seven-year decreasing surrender charge period.

Geared at clients nearing retirement, the product provides upside potential by
including a monthly sum crediting strategy and a spread of 1.7% on the
Barclays index.

Contract owners can allocate their indexed interest credit to three market
indexes: S&P 500 Index, Russell 2000 Index and Barclays U.S. Dynamic Balance
Index.
ANNUITIES

Allianz Life Public Homepage Image
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10. AXA EQUITABLE: INVESTMENT EDGE
 Unveiled in late November, the new variable
annuity focuses on long-term investing,
diversification, deferral and distribution.
 Key investing features include over 120 options,
such as alternative investments, sector funds and
ETFs, as well as 38 pre-packaged portfolios that
target specific asset classes.
ANNUITIES
 Provides distribution of withdrawals based on a
variety of customizable, tax-efficient options where
contract owners access distributions in multiple
ways, including the ability to make payments that
are only partially taxed.
 Released along with dedicated individual investor
and advisor-focused microsites.
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11. PACIFIC LIFE: INCOME ADVANTAGE
 New deferred fixed annuity that includes a built-in guaranteed
withdrawal benefit with a 6% annual credit for deferring income,
and the choice of several guaranteed interest-rate terms.
ANNUITIES
 Contract owners can include a Guaranteed Withdrawal Benefit for
an additional cost, which allows clients to begin taking lifetime
withdrawals for retirement while the contract continues to earn
interest.
Pacific Life Advisor Homepage Image
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12. TRANSAMERICA: VARIABLE ANNUITY O-SHARE
 This new product offers a premium-based pricing structure and living
and death benefit options.
 Allows clients to transfer assets to family members.
 Optional benefit riders include Transamerica's Retirement Income
Choice 1.6, Retirement Income Max and Additional Death Distribution
(ADD).
 $10,000 minimum initial premium, with an annual fee of $50.
ANNUITIES
 Allows for Dollar Cost Averaging which enables gradual investment over
time by systematically buying more units when prices are low and fewer
units when prices are high.
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13. LIFE INSURANCE PRODUCT UPDATE
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14. NATIONWIDE: YOURLIFE GUARANTEED LEVEL TERM
 Targets clients ages 35 to 50 who want an easier, affordable and
faster way to protect their families and businesses.
 10-, 15-, 20- or 30-year guaranteed level term periods with
enhanced conversion periods to match the 10-, 15- and 20-year
guaranteed level periods and a 20-year conversion period on
the 30-year product.
 Offers an Accelerated Death Benefit.
LIFE INSURANCE
 Unique customer benefits such as late premium payment alerts,
express claims process and Electronic Funds Transfers (EFT) for
all payment modes.
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15. NATIONWIDE: YOURLIFE CAREMATTERS
New long-term care coverage plan that is linked to a fixed-premium universal
life insurance policy.

Geared towards individuals who seek long-term care benefits with greater
choice, flexibility and control.

Includes a death benefit option and targets individuals between ages 40-70.

Key features include benefits that are paid out indemnity style (the monthly
benefit is paid to the policy owner regardless of monthly expenses) with the
option to pay a qualified family member for care rather than a professional.

CareMatters guarantees that
the cash value of the policy
will never be less than the
premiums paid.
LIFE INSURANCE

YourLife CareMatters Information Video
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16. THE PRINCIPAL: INDEXED UNIVERSAL LIFE FLEX
Offers clients greater cash accumulation potential with less risk through longterm death benefit guarantees and strong cash value accumulation potential.

Policyowners can choose from three index-linked accounts, including two
featuring the S&P 500 Total Return Index.

Choice between a 10-year no-lapse guarantee provision or an optional
extended no-lapse guarantee rider with guaranteed protection to the lesser of
25 years or age 90.

LIFE INSURANCE

The policy includes an automatic trigger of over-loan protection and provides
living benefits through accelerated benefit riders for chronic and terminal
illness.
The Principal Advisor Site Image
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17. CORPORATE INSIGHT THOUGHT LEADERSHIP
Electronic Delivery: Key Trends Across the Insurance Industry
This slide deck highlight some key findings and trends from the Annuity Monitor, Life Insurance
Monitor and P&C Insurance Monitor reports that focused on electronic delivery and offers a few
tips for insurers looking to improve their electronic delivery services.
2013 Mobile Finance Trends and Innovations
This study includes commentary on mobile developments, key takeaways for financial services
firms and thoughts on what’s next for mobile finance.
Facebook Marketing Campaigns - Social Media Initiatives in the Insurance Industry
This slide deck highlights some of the engaging Facebook marketing campaigns initiated by P&C
Insurance Monitor firms this year and offers a few Facebook marketing tips for insurers.
Social Media Trends: Annuity and Life Insurance
This presentation analyzes the current social media initiatives and promotions undertaken by
leading insurers, highlights key social media findings and trends across the insurance industry, and
offer tips for insurers looking to bolster their social presence.
Tablet-Friendly Web Design: Best Practices for Financial Services
The study examines the tablet-friendly website features provided by four leading firms across
financial services and provides recommendations for financial services firms building tabletoptimized websites.
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18. ABOUT CORPORATE INSIGHT
Corporate Insight provides competitive intelligence and user experience research to the nation’s leading
financial institutions. For over 20 years, the firm has tracked technological developments in the financial
services industry, identifying best practices in online banking and investing, online insurance, mobile
finance, active trading platforms, social media and other emerging areas. There are no assumptions in
Corporate Insight’s work – we use live accounts at all of the firms we research, providing our clients with
unparalleled, unbiased intelligence on the competition.
Media Inquiries
Corporate Insight welcomes the opportunity to speak with the media. If you are interested in citing our
research or would like to schedule an interview with one of our analysts, please contact Intermarket
Communications at 212-888-6115 or corporateinsight@intermarket.com.
Connect With Us
JOSE MIGUEL SANTANA
BEN POUSTY
Research Associate
Annuity Monitor & Life Insurance Monitor
Marketing Manager
(646) 751-6971
(646) 454-2662
jsantana@corporateinsight.com
bpousty@corporateinsight.com
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19. ABOUT THE AUTHOR
Jose Miguel Santana
Research Associate
Annuity Monitor and Life Insurance Monitor
Jose Miguel Santana is a Research Associate for Corporate Insight’s Annuity Monitor and Life
Insurance Monitor research services. He has conducted extensive research on the annuities
and life insurance industries, examining the online platforms, customer service capabilities
and technological innovations offered to prospective investors, clients and financial
professionals. This report is the result of Jose Miguel’s ongoing research into the online
platforms of the leading annuity and life insurance providers throughout Q4.
Jose Miguel graduated from James Madison University in 2010.
ABOUT THE AUTHOR
Contact Jose:
T: (646) 751-6971
E: jsantana@corporateinsight.com
Annuity Monitor, Life Insurance Monitor and P&C Monitor are service marks of Corporate Insight, Inc.; all rights reserved.
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