Q: What is a Guaranteed Minimum Accumulation Benefit (GMAB)?
A: A GMAB guarantees that the Investor's Accumulation Value will not be less than a certain minimum percentage (usually 100%) of the original amount invested, usually after a specified number of years.
May be offered as a Rider.
A: A GMAB guarantees that the Investor's Accumulation Value will not be less than a certain minimum percentage (usually 100%) of the original amount invested, usually after a specified number of years.
May be offered as a Rider.