Carl is concerned that if he purchases an equity indexed annuity, he w

Carl is concerned that if he purchases an equity 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

ANSWER

Answer: C