Fixed account options refer to the portion of the policyholder's cash value that can be allocated to an interest-bearing account with a guaranteed minimum interest rate. Unlike the indexed account, which has returns tied to a financial index such as the S&P 500, the fixed account offers stability and predictability by providing a set rate of return.
Fixed account options refer to the portion of the policyholder's cash value that can be allocated to an interest-bearing account with a guaranteed minimum interest rate. Unlike the indexed account, which has returns tied to a financial index such as the S&P 500, the fixed account offers stability and predictability by providing a set rate of return.
Policyholders can choose to place all or part of their premium contributions into the fixed account, ensuring that this portion of their investment is shielded from market volatility and provides consistent growth.
The interest rate for fixed account options is typically declared by the insurance company and may be subject to change, but it will not fall below the contractually guaranteed minimum.
Fixed account options refer to the portion of the policyholder's cash value that can be allocated to an interest-bearing account with a guaranteed minimum interest rate. Unlike the indexed account, which has returns tied to a financial index such as the S&P 500, the fixed account offers stability and predictability by providing a set rate of return.
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