Source: wikibot/equity-indexed-annuity
= Equity-indexed annuity
{wiki=Equity-indexed_annuity}
An equity-indexed annuity (EIA) is a type of insurance product that combines features of both traditional annuities and equity investments. It is designed to provide the policyholder with a level of protection against losses that can occur in the stock market while offering the potential for higher returns linked to a stock market index, such as the S&P 500.