Carl Is Concerned That If He Purchases a Fixed Indexed

question 7

Multiple Choice

Carl is concerned that if he purchases a fixed indexed annuity,he will lose money long-term if the stock index declines.Which equity indexed annuity provision assures Carl that he will not lose money if he holds the equity indexed annuity to term?

• A)the indexing method
• B)the participation rate
• C)the guaranteed minimum value
• D)the maximum rate cap

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