What is the result for the indexed annuity contract owner of the insurer using a monthly averaging strategy? a. The potentially wide swings in the index closing level are smoothed out. b. The change in the index closing levels will be lower than if a different strategy were used. c. The participation rate is normally increased.
What is the result for the indexed annuity contract owner of the insurer using a monthly averaging strategy?
a. The potentially wide swings in the index closing level are smoothed out.
b. The change in the index closing levels will be lower than if a different strategy were used.
c. The participation rate is normally increased.
