Under an equity-indexed annuity, what name is given to the percentage

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

 

 

ANSWER

Answer: D

Expert paper writers are just a few clicks away

Place an order in 3 easy steps. Takes less than 5 mins.

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
$0.00