| |
|
|
|
ONLINE SOFTWARE
|
 |
|
|
|
|
The 2-Minute FIA Quiz
Think you know all about Equity Indexed Annuities? Write down
your answers to our
five FIA questions, then find out how well you scored, below!
1.) What annual reset credit method can show a Zero
% return in 5 of the last 10 years? (S&P 500 Index assumed)
A. Monthly Average
B. Monthly Cap
C. Daily Average
D. Annual Point to Point
2.) What credit method below earns the greatest amount of
interest over the troubled 1970s? (S&P 500 index assumed)
A. Monthly average with a 1% spread
B. Monthly average with a 12% cap
C. Monthly average with a 90% participation rate
D. a Fixed rate of 5%
3.) A comprehensive study published in November 2006
showed that using rolling ten-year periods of the S&P 500 index
starting in 1967, FIA Credit Method performance between best and
worst would have varied by how much?
A. less than 1/2%
B. 1%
C. 2%
D. over 3%
4.) If your client expects to see results that closely
mirror the stock index performance, which credit method should
you use?
A. Annual point to point
B. Daily average
C. Monthly cap
D. Monthly average
5.) True or False: Choosing an FIA that offers an
immediate bonus on the premium deposit will always assure a higher ending
value.
A. True
B. False
Write down your answers, then click the link below for the
results!
Click Here for Your Score >
|
|
MCP Premium
does not derive income from the review, endorsement, sale or marketing of any
financial product.
|
|
|
|
|
