EQUITY INDEXED

ANNUITY

COMPARISON FACTOR

VARIABLE

ANNUITY

Since 1997

How long have these existed

Decades

0%

Floor on earnings

None (-% possible)

Three accounts (Declared Interest, Point-to-Point and Average

Menu of Options

Many funds and growth targets

Insurance Company

Who risks a loss

You

Approximately 3%

Minimum Guarantee

None

100% is typical

Participation Rate

!00%

Yes

Cap on Earnings

No

Declining Surrender Charges

Costs

Sales Charge, Admin Charge,  Surrender Charge

Yes up to 50% of value

Loans

Difficult because of possible declining value of fund