Equity Index Annuity
An equity index annuity is a single premium deferred annuity designed to offer rewards without risk. It lets you participate in 100% of the growth of the S&P 500 Index, less a spread, which is a minimal charge taken out at the end of the chosen term. However, even though the spread is applied, it never puts a ceiling on your index gain, which is credited at the end of the term. The higher the market index grows, the higher your annuity value goes. This simple spread design creates powerful, unlimited potential. But there is security with the annuity also. Even if the market index declines, this product protects you with a guaranteed minimum interest rate assuring you growth if the contract is held to term.
For more information on the Equity Index Annuity available for Suncoast members, contact us, or
call 1-800-443-6003 for a no cost no obligation consultation.