DELAWARE INSURANCE DEPARTMENT
CONSUMER
SERVICES
Hotline (800)282-8611 (In Delaware only)
E-mail: consumer@deins.state.de.us
Buyers Guide to
Equity-Indexed Annuities
*Prepared by the National Association of Insurance Commissioners ©1998
This Guide does not endorse any company or policy
This Guide has been written to help you understand annuities in general and equity-indexed annuities in particular. There are different kinds of annuities. It is important for you to understand the differences among various annuities so you can choose the kind that best fits your needs. At the end of this Guide are questions you should ask your agent or the company. Make sure you are satisfied with the answers before you make a purchase.
- What is an annuity?
- What are the different kinds of annuity contracts?
- What are the equity-indexed annuities?
- How are they different from other fixed annuities?
- What are some of the contract features?
- How do the common indexing methods differ?
- What are some of the features and trade-offs of different indexing methods?
- What is the impact of some other product features?
- Can I take my money out during the term?
- What will it cost me to take my money out early?
- Is there always a charge to take my money out early?
- Are Dividends included in the index?
- What are some other equity-indexed annuity contract benefits?
- How do I know if an equity-indexed annuity is right for me?
- How do I know which equity-indexed annuity is best for me?
- Questions you should ask your agent or the company
- Final points to consider
