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: D
You might also like to view...
An organization's practical capacity is its theoretical or ideal capacity reduced by normal and anticipated work stoppages, such as machine breakdowns
Indicate whether the statement is true or false
Threat to established power relationships, threat to expertise, and disruption to cultural traditions or group relationships are all examples of which source of resistance to change?
a. Organizational development b. Individual sources c. Individual references d. Organizational sources
A firm's collection policy, i.e., the procedures it follows to collect accounts receivable, plays an important role in keeping its average collection period short, although too strict a collection policy can reduce profits due to lost sales.?
Answer the following statement true (T) or false (F)
Bella is considering the possibility of becoming a surety to Carl on a debt by David, but she would like more information on the relationship between Carl and David concerning the transaction. If Bella requests such information from Carl, he must disclose it, because his failure to disclose material facts will constitute fraud
Indicate whether the statement is true or false