A fixed interest rate is set at the time of purchase for 30% (33% in WA) of the account value. This fixed interest rate is calculated and credited daily. The portion of the account value linked to the S&P 500 Index, 70% (67% in WA), will be credited on the last day of the contract year if there is an increase in the S&P 500. No, an annuity contract is the sole property of the contract owner, and all ownership rights rest with the owner.

The interest rate index will be posted on this Web site in the What’s New section under Current Information. The index will be available during the last two weeks of the month prior to the month of purchase (e.g., the April annuity interest rate index was posted on March 21).

Indexed Universal Life policies from AmerUs Life Insurance Company include at least a 2% minimum guaranteed interest rate. Here's how it works: the cash value within the Indexed UL policies is guaranteed to accumulate at 2%. When the policy is surrendered or when cash value segments mature, they are evaluated and additional interest will be credited if they have not compounded at 2% per year.

When you deposit funds by credit card or electronic check your payment will be processed securely online and your account will be credited instantly. If you deposit funds by any other method, as soon as your money reaches Sports Interaction, it will be deposited in your account and made available to you to place bets. We will then notify you immediately by email.

of the index growth, up to the cap, is credited to a segment. This is the participation rate. AmerUs Life Insurance Group guarantees the participation rate on Indexed Universal Life products at 100% for the life of the policy, subject to the stipulated cap.

The annuity, in essence, is insurance against "living too long." In contrast, traditional life insurance guards against "dying too soon." Here is a summary of how annuities function. An investor hands over funds to an insurance company. The insurer invests the funds. At the end of the annuity's term, the insurer pays the investor his or her investment plus the earnings.

One negative aspect of an annuity is that you cannot get to your money during the growth period without incurring taxes and penalties. The tax code imposes a 10% premature withdrawal penalty on money taken out of a tax-deferred annuity before age 59-1/2, and insurers impose penalties on withdrawals made before the term of the annuity is up. The insurers' penalties are termed "surrender charges," and they usually apply for the first seven years of the annuity contract.

Variable annuities are sold by prospectus only. Your Smith Barney Financial Advisor can provide you with the prospectuses for the products in which you are interested. Investors should consider the objectives, risks, charges and expenses of the investment company. The prospectus contains this and other information. Please read the prospectus carefully before investing.

Equity is the value of anything that is owned, such as a business or a house, less any outstanding debt. If your business is worth $100,000 and you owe $70,000 in business loans to your bank, then you have $30,000 worth of equity in the business. Businesses can be financed with equity and/or debt. If a business is financed with equity, then the provider of equity receives an ownership stake in the business. For example, your company may sell shares of stock (equity) to raise money.

An Equity Call is generated when your account equity falls below the minimum requirement of $25,000 and you are trading on margin.

Essentially, an index*** is a statistical measure of change in an economy or a securities market. In the case of financial markets, an index is essentially an imaginary portfolio of securities representing a particular market or a portion of it.

The Peter Ganesh Diabetes Foundation was established in 1989 as a non profit organization, after Peter was diagnosed with diabetes. The Peter Ganesh Diabetes Foundation is dedicated to helping you learn more about diabetes through the resources provided on this website. The Peter Ganesh Diabetes Foundation is committed to helping you learn more about the various treatment methods being used and the latest research findings from around the world.