Allianz Retire+ has updated its longevity solution Allianz Guaranteed Income for Life (AGILE), introducing two new options, Age Pension+ and Spouse Insured.
The Age Pension+ option will deliver higher potential age pension eligibility due to reduced treatment for Age Pension assets test, with limited death and withdrawal benefits available.
The Spouse Insured option allows income for life to continue to be paid to the investor until the later death of the life insured or their spouse.
AGILE was launched in March this year.