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    ALLIANZ INDEX ADVANTAGE+ INCOMESM VARIABLE
      ANNUITY CONTRACT

    Issued by Allianz Life Variable Account B and Allianz Life Insurance
      Company of North America (Allianz Life, we, us, our)

        The information in this prospectus is not complete and may be changed.
        We cannot sell Allianz Index Advantage+ IncomeSM Variable Annuity pursuant to this prospectus until the Registration Statement containing this prospectus filed with the Securities and Exchange Commission is effective. This prospectus is
        not an offer to sell the Contract and is not soliciting an offer to buy the Contract in any state where the offer or sale is not permitted.

    The variable annuity described in this prospectus is an individual
      flexible purchase payment index-linked variable deferred annuity contract (Contract). This prospectus describes the Contract between you, the Owner, and Allianz Life.

    The Contract allows you to allocate your money (Purchase Payments) and
      any earnings among the Contract’s investment options, which currently include index-linked investment options (Index Options). The Contract also includes the AZL Government Money Market Fund, but you cannot allocate Purchase Payments to this fund.

              •

              Index Options. Each
                Index Option is tied (or linked) to the performance of a specific market Index for a defined time period (Term). Each Index Option has a downside feature that provides limited protection against any negative Index rate of return (Index
                Return) that may be credited to your investment for a Term. Limited protection from negative Index Returns is provided by the Buffer for Index Precision Strategy and Index Performance Strategy, and by the Floor for the Index Guard Strategy.
                The Index maximum potential loss from negative Index Returns is: -90% with a 10% Buffer; -80% with a 20% Buffer; and -10% with the Floor. The Index Protection Strategy with Trigger and Index Protection Strategy with Cap provide 100% protection
                against negative Index Returns. Each Index Option also has an upside feature that puts an upper limit on positive Index Return that may be credited for a Term. The upper limit on positive Index Return is provided by the Cap for Index
                Performance Strategy, Index Guard Strategy, and Index Protection Strategy with Cap; and the Trigger Rate for Index Precision Strategy and Index Protection Strategy with Trigger. Multi-year Term Index Options also have a Participation Rate
                that may allow you to receive more than the positive Index Return.

              •

              AZL Government Money
                  Market Fund. The sole purpose of the AZL Government Money Market Fund is to hold Purchase Payments until they are transferred to the Index Options. The AZL Government Money Market Fund performance is based on the securities in
                which it invests.

        We expect to add Index Options from time to time. We currently offer the
            following Index Options:

                  •

                  Index Protection Strategy with Trigger 1-year Term with 0.50% minimum Trigger Rate;

                  •

                  Index Protection Strategy with Cap 1-year Term with 0.50% minimum Cap;

                  •

                  Index Precision Strategy 1-year Term with 10% Buffer and 3% minimum Trigger Rate;

                  •

                  Index Guard Strategy 1-year Term with -10% Floor and 3% minimum Cap;

                  •

                  Index Performance Strategy 1-year Term with 10% Buffer and 3% minimum Cap;

        We•expect to add Index Options
              from time to timeIndex . We currently offer the following Index
              Options: Index Protection Strategy with Trigger 1-year Term with 0.50% minimum Trigger Rate; Index Protection Strategy with Cap 1-year Term with 0.50% minimum Cap; Index Precision Strategy 1-year Term with 10% Buffer and 3% minimum Trigger Rate; Index Guard Strategy 1-year Term with -10% Floor and 3% minimum Cap; Index Performance Strategy 1-year Term with 10% Buffer and 3% minimum Cap3; Index Performance Strategy 3-year Term with 10% or 20% Buffer, 5% minimum Cap, and 100% minimum Participation Rate; and Index Performance Strategy 6-year Term with 10% Buffer, 10% minimum Cap, and 100% minimum Participation Rate.

                  •

                  Index Performance
                        Strategy 6-year Term with 10% Buffer, 10% minimum Cap, and 100% minimum Participation Rate.

        These Buffers, Floors, and minimum Trigger Rates, Caps, and Participation Rates for
          each Index Option, respectively, will not change for life of the Contract.

    Index-linked and variable annuity contracts are complex insurance and investment vehicles. You may lose money, including your principal investment and previously credited earnings. Contract fees and expenses could cause your losses to be
        greater than the downside protection of the Index Options. Your losses may be significant. This Contract is not intended for someone who is seeking complete protection from downside risk, seeking unlimited investment potential, or expecting to take withdrawals that
          will not be subject to withdrawal charges or Daily Adjustments. Before you investinvesting, be sure to ask your Financial Professional about the Contract’s features, benefits, risks, fees and expenses,

                Allianz Index Advantage+ IncomeSM
                  Variable Annuity Prospectus – May 1, 2023

                 1

    whether the Contract is appropriate for you based upon your financial
      situation and objectives, and for a specific recommendation to purchase the Contract. The Contract’s risks are described in Risk Factors on page 23
        of this prospectus.

    Before the end of an Index Option’s Term, if you
      take any type of withdrawal, execute the Performance Lock feature, begin Income Payments or Annuity Payments, or if we pay a death benefit or deduct a fee or expense, we
      base the transaction on the interim value of your Index Option investment, which includes the Daily Adjustment. The Daily Adjustment fluctuates daily. With the Index Precision Strategy, Index Guard Strategy, or Index Performance Strategy the Daily
      Adjustment can be positive or negative. The maximum potential loss from a negative Daily Adjustment is:
          -99% for the Index Precision Strategy and Index Performance Strategy, and -35% for the Index Guard Strategy. However, with the Index Protection Strategy with
      Trigger and Index Protection Strategy with Cap the Daily Adjustment cannot be negative. The Daily Adjustment could reflect significantly less gain, or more loss than we would apply to an Index Option at the end of a Term. If you select multiple multihave Index
          Options-year Term Index Options with different Term End Dates, there
      may be no time that any such transaction can be performed without the application of at least one Daily Adjustment. A withdrawal charge also applies if you take a withdrawal within six years of your last Purchase Payment.

    The Contract includes the Income Benefit which provides lifetime Income
      Payments for an additional charge. Income Payments are subject to a waiting period and are based on Contract Value, not a guaranteed value.
      Income Payments may be unavailable or end prematurely if you change ownership or Beneficiary(s). Negative earnings (including negative Performance
          Credits), withdrawals, and deductions of Contract fees and expenses (including any withdrawal charge) may cause Income Payments to be unavailable or end
        prematurely. You may pay for the Income Benefit without receiving any of its advantages.

    The Contract may be available through third-party financial advisers
      who charge a financial adviser fee for their services. If you choose to pay financial adviser fees from this Contract, the deduction of this financial adviser fee is in addition to this Contract’s fees and expenses, and the deduction is treated the
      same as any other withdrawal under the Contract. As such, withdrawals to pay financial adviser fees will beare subject
        to withdrawal charges, and, if withdrawn on a day other than a Term End Date, we apply the Daily Adjustment (which can be negative) to the Contract Value before deducting the withdrawal. Withdrawals will reduce the Contract Value, Cash Value, Guaranteed Death Benefit Value, and Income Payments (perhaps significantly), and may
          beare subject to federal and state income taxes
        (including a 10% additional federal tax).A six-year withdrawal charge period applies to the initial and any additional Purchase Payment. Please consult with your Financial Professional before requesting us to pay financial adviser fees
        from this Contract rather than from other assets you may have.

    All obligations and guarantees under the Contract, including index-linked returns (Performance Credits), are the obligations of Allianz Life and are subject to our claims-paying ability and financial
      strength.

    Please read this prospectus before investing and keep it for future
      reference. The prospectus describes all material rights and obligations of purchasers under the Contract. It contains important information about the Contract and Allianz Life that you ought to know before investing including material state
      variations. Availability of Index Options may vary by financial intermediary. You can obtain information on which Index Options are available to you by calling (800) 624-0197, or from your Financial Professional. This prospectus is not offered in any
      state, country, or jurisdiction in which we are not authorized to sell the Contracts. You should rely only on the information contained in this prospectus. We have not authorized anyone to give you different information.

    If you are a new investor in the Contract, you may cancel your Contract
      within 10 days of receiving it without paying fees or penalties. In some states, this cancellation period may be longer. Upon cancellation, you will receive either a full refund of the amount you paid with your application or your total Contract
      Value. If you have an Individual Retirement Annuity Contract, we refund the greater of Purchase Payments less withdrawals, or total Contract Value. You should review this prospectus, or consult with your Financial Professional, for additional
      information about the specific cancellation terms that apply.

    The Securities and Exchange
      Commission (SEC) has not approved or disapproved these securities or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense. An investment in this Contract is not a deposit of a bank or
      financial institution and is not federally insured or guaranteed by the Federal Deposit Insurance Corporation or any other federal government agency. An investment in this Contract involves investment risk including the possible loss of principal.

    This prospectus is not intended to constitute a suitability recommendation or fiduciary
      advice.

                Allianz Index Advantage+ IncomeSM
                  Variable Annuity Prospectus – May 1, 2023

                 2

    TABLE OF CONTENTS

              Glossary ...................................................

              5

              Important Information You Should Consider

              About the Contract...................................

              12

              Overview of the Contract ..........................

              16

              What Is the Purpose of the Contract?...........

              16

              What Are the Phases of the Contract? ..........

              17

              What Are the Contract’s Primary Features?....

              18

              Fee Tables................................................

              19

              Transaction Expenses.............................

              20

              Annual Contract Expenses .......................

              20

              Annual Expenses of the AZL Government

              Money Market Fund ............................

              21

              Example .............................................

              21

              Risk
                  Factors ............................................

              21

              Liquidity Risks ......................................

              21

              Income Benefit Risks ..............................

              22

              Risk of Change to the Income Benefit

              Supplement Prior to the Issue Date ..........

              23

              Risks of Investing in Securities...................

              23

              Risk of Negative Returns..........................

              24

              Risks Associated with Calculation of

              Performance Credits ...........................

              25

              Risks Associated with Performance Locks and

              Early Reallocations .............................

              26

              Risks Associated with
                Substitution of an Index and Limitation on Further Investments......................................

              27

              Risks Associated with
                Changes to Trigger

              Rates, Caps, and Participation Rates........

              28

              Risks Associated with
                Investment in

              Derivative Hedging Instruments ..............

              29

              Risks of Deducting Financial Adviser Fees

              from the Contract ...............................

              29

              Risks Associated with
                Our Financial Strength

              and Claims-Paying Ability......................

              29

              Regulatory Protections ............................

              30

              1.The Contract ......................................

              30

              When the Accumulation Phase Ends............

              31

              Financial Adviser Fees ............................

              31

              When the Contract Ends ..........................

              33

              2.        Ownership, Annuitant, Determining Life,Beneficiary, and Payee.......................

              33

              Owner................................................

              33

              Joint Owner .........................................

              33

              Annuitant ............................................

              33

              Determining Life (Lives) ...........................

              34

              Beneficiary ..........................................

              34

              Eligible Person(s) and Covered Person(s) .....

              35

              Payee ................................................

              36

              Assignments, Changes of Ownership and

              Other Transfers of Contract Rights...........

              36

              3. Purchasing the Contract ..

              37

              Purchase Requirements ..........................

              37

              Applications Sent Electronically..................

              37

              Allocation of Purchase Payments and

              Contract Value Transfers ......................

              37

              Electronic Allocation Instructions.................

              39

              Free Look/Right To Examine Period.............