USAllianz High FiveTM Variable Annuity

Helping you meet your long-term retirement goals with:

• Regardless of how your investment options perform - USAllianz High Five guarantees with each payment that after 5 years, your contract value will equal or exceed your total purchase payments. Total base mortality, expense, and administrative charges are 1.40%.
  
  
• Contract value gains are automatically locked in on each contract anniversary - establishing a Guaranteed Account Value (GAV), which will never decrease.
  
  
• Automatic portfolio management to help weather market volatility - your initial purchase payment is allocated to the investment options you select. Generally, transfers to the fixed account occur during market downturns, while transfers to the investment options occur during market upturns. The transfers limit the downside movement of your contract value and you may not be able to fully participate in any upside potential returns available from the investment options.
  
  
• The GAV allows you to take a lump-sum payment - (less surrender charges) after a 5-year waiting period, or without a surrender charge after 7 years. Taking withdrawals reduces the GAV. Withdrawals may be subject to a market value adjustment (If taken from the fixed account).

Variable annuities can help meet your long-term retirement goals by providing tax-deferral, a death benefit during the accumulation phase, and a guaranteed stream of income at retirement. Withdrawals will reduce the contract value and the value of any income and death benefits. Withdrawals may be included in taxable income, and prior to age 59 1/2 may be subject to a 10 percent federal tax penalty.

For more information about USAllianz High Five variable annuity, call your financial professional or USAllianz Investor Services, LLC for a prospectus. Read it thoroughly and carefully consider the investment objectives, risks, fees, and expenses of the variable annuity before sending money. Product and features may not be available in all states.

Guarantees are based on the claims-paying ability of Allianz Life Insurance Company of North America and do not apply to the contract values, which may fluctuate daily. Premium or similar taxes may apply upon annuitization, full withdrawal, or at the time of death, investment returns and principal value will fluctuate with market conditions so that units, when redeemed, maybe be worth more or less than the original cost. Variable products Not FDIC insured. No financial institution guarantee. May lose value. USAllianz High Five is issued by Allianz Life Insurance Company of North America and distributed by its affiliate USAllianz Investor Services, LLC, 5701 Golden Hills Drive, Minneapolis, MN 55416-1297. Member NASD. (800) 542-5427. www.USAllianz.com