0000845775-18-000068.txt : 20180827 0000845775-18-000068.hdr.sgml : 20180827 20180827162504 ACCESSION NUMBER: 0000845775-18-000068 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20180827 DATE AS OF CHANGE: 20180827 EFFECTIVENESS DATE: 20180827 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ALLIANZ LIFE OF NY VARIABLE ACCOUNT C CENTRAL INDEX KEY: 0000845775 IRS NUMBER: 133191369 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-182990 FILM NUMBER: 181039209 BUSINESS ADDRESS: STREET 1: ALLIANZ LIFE INSURANCE COMPANY OF NY STREET 2: 152 WEST 57TH STREET, 18TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 212-586-7733 MAIL ADDRESS: STREET 1: ALLIANZ LIFE STREET 2: 5701 GOLDEN HILLS DRIVE CITY: MINNEAPOLIS STATE: MN ZIP: 55416-1297 FORMER COMPANY: FORMER CONFORMED NAME: PREFERRED LIFE VARIABLE ACCOUNT C DATE OF NAME CHANGE: 19920703 0000845775 S000002607 ALLIANZ LIFE OF NY VARIABLE ACCOUNT C C000119019 Allianz Vision New York Variable Annuity issued on or after April 29, 2013 497 1 ratesheet.htm VISION NY RATE SHEET
ALLIANZ VISIONSM NEW YORK VARIABLE ANNUITY
Issued by
ALLIANZ LIFE INSURANCE COMPANY OF NEW YORK AND ALLIANZ LIFE OF NY VARIABLE ACCOUNT C
Rate Sheet Supplement dated September 5, 2018
to the
Prospectus dated May 1, 2018 for contracts issued on or after April 29, 2013 and the
Prospectus dated May 1, 2018 for contracts issued on or prior to April 26, 2013
This Income Protector Rate Sheet Supplement (this Supplement) should be read and retained with the prospectus for the Allianz Vision New York Variable Annuity. If you would like another copy of the current prospectus or the current Rate Sheet Supplement, please call us at (800) 624-0197 or visit our website at www.allianzlife.com.
This Supplement provides the current Income Protector rider rates and replaces and supersedes any previously issued Rate Sheet Supplement(s), and must be used in conjunction with the current effective Allianz Vision New York Variable Annuity prospectus.
The rider rates below apply to applications* signed from September 5, 2018 to October 1, 2018.
*
If your Contract purchase involves a replacement we base rider rates on the date you sign the replacement notification and authorization form.
Rider rates may be different than those listed below for applications signed on or after October 2, 2018, or if you are adding Income Protector to a previously issued inforce Contract. The rates and minimum age requirements reflected in this supplement shall remain in effect and will not be superseded until after October 1, 2018. We will publish the rates and minimum age requirements for subsequent periods on our website and on EDGAR at www.sec.gov under File Numbers 333-182990, 333-171428 and 333-143195. Please work with your Financial Professional or visit www.allianzlife.com/visionnyrates to confirm the most current rider rates.
Income Protector Rider Rates
Annual Increase Percentage used to calculate the Annual Increase
Number of Guarantee Years used to calculate the Annual Increase
Payment Percentages Table
8%,
 which is 2.00% simple interest applied on quarterly anniversaries
30
 
Covered Person's age for single Lifetime Plus Payments
Younger Covered Person's age for joint Lifetime Plus Payments
60 – 64
65 – 79
80+
4.25%
4.75%
5.75%
60 – 64
65 – 79
80+
3.75%
4.25%
5.25%

NOTE: For this Supplement, the minimum exercise age that Lifetime Plus Payments can begin is age 60.


NOTE:

·
FOR NEWLY ISSUED CONTRACTS: To receive the rider rates reflected in this Supplement you must meet the following conditions:

-
If your Contract purchase involves the replacement of an existing life insurance policy or annuity contract, we require you to complete and sign both an application and a replacement notification and authorization form (replacement form). Your replacement form must be signed within the time period stated above and received within seven calendar days after the end of this time period. Your signed application and initial Purchase Payment must be received within 90 calendar days after the end of this time period.
-
If your Contract purchase does not involve a replacement, your application must be signed within the time period stated above and we must also receive the initial Purchase Payment within 60 calendar days after the end of this time period.

If these conditions are not met, you will receive the rider rates that are in effect on your Issue Date. Under certain circumstances we may waive these conditions or extend these time periods in a nondiscriminatory manner.
It is important to note that during this 60 calendar days  after the end of the time period stated above (or 90 calendar days for replacements), if any of the rider rates that we are currently offering on the Issue Date increased compared to the rider rates we were offering on the date you signed the replacement form or application (as applicable), the rider charge has not increased, and none of these rates decreased, you will receive the rider with the increased rates and current rider charge that are available on your Issue Date. However, if any of these rates decreased or if the rider charge increased, we will issue your Contract with the rider, rates and rider charge that were available on the date you signed your replacement form or application.

·
FOR INFORCE CONTRACTS: If you are selecting Income Protector after the Issue Date, you will receive the rider, rates and rider charge available on your Rider Effective Date.

·
On the Rider Effective Date we establish the rates for Income Protector and we cannot change these rates while Income Protector is in effect.
VNY-0918
 (VNY-400, VNY-146)