Description |
Cap Bailout Rate |
Type : Percent |
Definition |
This is the Equity Index Cap Bailout Rate. The Bailout Rate allows the policy owner to transfer money out of the Equity Index fund or surrender the contract without penalty if the Cap Rate falls below this rate. This Cap Bailout Rate is stipulated at the time funds are deposited into the Equity Index Fund and does not change. |
Parents |
SubAccount |