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Annuity Cap The Maximum interest rate that can be credited to your equity index annuity policy in a policy year or over the term of the policy. Annuity Base Interest Rate The Base Rate is the Current Rate less the Bonus Rate, if any. In many cases the Base Rate and the Current Rate are […]
Tags: Annuity Policy, Annuity Rate, Base Interest Rate, Bonus, Crediting, Current Interest Rate, Current Rate, Equity Index Annuity, Glossary, Guarantee Period, Index Rate, Initial Interest Rate, Insurance Company, Investment Portfolio, Length Of Time, Maximum Interest Rate, Participation, Percentage Change, Rate Guarantee, Rate Of Return