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How Interest is Credited – Indexed Strategies

Annual Point-to-Point with Participation Rate

With this strategy, the interest rate credited is determined by comparing the closing value on the contract anniversary to the closing value of the previous contract anniversary. The percentage change is used to calculate the interest that will be credited to the Indexed Account, with a limitation based on the defined Participation Rate. The Participation Rate is determined by the company each year and will never be lower than 5%.

A positive index change will be limited by applying a Participation Rate to the percentage of change in the index.

If the index change is negative or zero, then the interest rate credited will be zero.

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