Under an Equity-Indexed Annuity, What Name Is Given to the Percentage

question 42

Multiple Choice

Under an equity-indexed annuity, what name is given to the percentage increase in the stock index that is credited to the contract?

• A) the expense rate
• B) the exclusion ratio
• C) the indexing method
• D) the participation rate

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Definitions:

Land Grants

were parcels of land given by the government or a monarch to individuals, organizations, or colonies, often as a reward or in exchange for services.

Indian Interference

Actions by India that intervene in the internal affairs or conflicts of another country, often perceived negatively.

Free Labor

Describes a labor system where workers are not coerced into working through slavery or indenture but rather work for wages and can leave their employment freely.

Working for Wages

The practice of performing labor in exchange for a predetermined payment, typically based on hours worked or tasks completed.