Earnings from equity - indexed annuities are usually slightly higher than traditional fixed rate annuities, lower than variable rate annuities but with better downside risk
protection than variable annuities usually offer.
More specifically, they are considered to have less risk and possibly less
return than a variable annuity, but more risk and corresponding return from a fixed annuity.
Another consideration for advisors and clients is that the deferred income policies are less risky for insurance companies to
sell than variable annuities.