Sample Calculation of Index Credit
Assume 100,000 policy issued 10/17/97 with an initial
Index of 914.62 and an 85% Participation Rate. The index Average and Index Credit
are calculated as follows:
- Date
|
-
|
- Index
|
-
|
-
|
- Date
|
-
|
- Index
|
-
|
-
|
- Date
|
-
|
- Index
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
- 10/97
|
-
|
- 914.62
|
-
|
-
|
- 2/98
|
-
|
- 1049.34
|
-
|
-
|
- 6/98
|
-
|
- 1133.84
|
- 11/97
|
-
|
- 955.40
|
-
|
-
|
- 3/98
|
-
|
- 1101.75
|
-
|
-
|
- 7/98
|
-
|
- 1120.67
|
- 12/97
|
-
|
- 970.43
|
-
|
-
|
- 4/98
|
-
|
- 1111.75
|
-
|
-
|
- 8/98
|
-
|
- 957.25
|
- 1/98
|
-
|
- 980.28
|
-
|
-
|
- 5/98
|
-
|
- 1090.82
|
-
|
-
|
- 9/98
|
-
|
- 1017.01
|
- Index Average =
|
- 12403.32 =
|
- 1033.31
|
-
|
- 12
|
-
|
- Index Credit =
|
- Participation Rate X
|
- (Index Average - Index)
|
- X 100,000
|
-
|
-
|
-
Index
|
-
|
- = .85
|
- x 1033.60-914.62
|
- x $100,000
|
- = 11.05%
|
- x $100,000
|
- =$111,050
|
-
|
-
914.62
|
-
|
-
|
-
|
-
|
Index Value = $100,000 + $11,050 = $111,050
Note: Past activity cannot be used to predict future
Eagle Series gains.
Intro to EIAs
S&P 500 Index
Benefits of the S&P
Advantage 500 Prospects
Gain without Pain
Extended Forecast
Sample Calculation
Selling Points
Best & Worst
Annuity Performance
Why EIAs are Popular
|
|
