Answer:
"EIAs provide a minimum guaranteed rate of return that is guaranteed by the issuing insurance company"
Explanation:
Equity indexed annuities refer to an insurance product in which the product declines and lies between the fixed and variable annuity. Also it provides a return that linked such as the Standard and poor 500 index also if the cap is 10% but it grows by 15% so the customer would get a 10% return.
Therefore the above in the answer and the same is to be considered
And, the rest of the given options shows the misleading and fraudlent.
