Your money earns a renewal rate of interest guaranteed to never be less than the minimum rate established in the year of issue. (libertybankerslife.com)
In extended low - interest rate environments, minimum interest guarantees of 2 % applied to premiums paid may not be sufficient to cover policy costs. (investopedia.com)
These guarantees include the minimum interest guarantees in other types of fixed annuities, including fixed - index annuities. (fiainsights.org)