What is PIV in an annuity?
What is PIV in an annuity?
While you’re saving for retirement, Allianz Benefit Control Annuity can help by giving you two ways to get a bonus to your Protected Income Value (PIV): an 18% bonus on any premium you put into your annuity in the first 18 months, and. an interest bonus, based on a feature we call the Bonus Control Benefit.