Athene Accumulator 5, 7, and 10 and Limiter Questions Flashcards
1
Q
What is the SNP 500 Cap % on Athene Accumulator 5, 7, and 10
A
On Accumulator 5 the cap % is 9
7 is 9.5%
10 is 9.75
2
Q
What is Athene Accumulators products withdrawal policy?
A
10% Free withdrawal starting year 2.
3
Q
Is Athene Accumulator products RMD friendly?
A
Yes
4
Q
What are the Different Waivers on Athenes Accumulator products?
A
Confinement Waiver and Terminal Illness Waiver
5
Q
What are the three Limiters on FIA products?
A
Cap
Participation
Spread
6
Q
What is a Participation rate?
A
The amount you participate in the growth of an index.
7
Q
What is Cap?
A
The maximum amount of growth you can receive from an index
8
Q
What is Spread
A
The percent you have to overcome to see growth on your premium.
