Home Insurance Glossary - Equity Indexed Annuity

The Definition of "Equity Indexed Annuity" is:

Non-traditional fixed annuity. The specified rate of interest guarantees a fixed minimum rate of interest like traditional fixed annuities. At the same time, additional interest may be credited to policy values based upon positive changes, if any, in an established index such as the S&P 500. The amount of additional interest depends upon the particular design of the policy. They are sold by licensed insurance agents and regulated by state insurance departments.



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Early Warning System Earned Premium Earthquake Insurance Economic Loss Electronic Commerce or Ecommerce Elimination Period Employee Dishonesty Coverage Employee Retirement Income Security Act (ERISA) Employer's Liability Employment Practices Liability Coverage Endorsement Endowment Insurance Environmental Impairment Liability Coverage Equity Indexed Annuity Equity Errors And Omissions Coverage (E&O) Escrow Account Excess And Surplus Lines Excess Of Loss Reinsurance Exclusion Exclusive Agent Exclusive Remedy Expense Ratio Experience Exposure Extended Coverage Extended Replacement Cost Coverage Extended Term Insurance Option.
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