- Cap rate. This means your subaccount is credited with interest up to a stated rated, or cap. For example, if your cap rate is 10% and the S&P 500 experiences a 13% gain, your subaccount will be credited with 10%.
- Participation rate. This means your subaccount is credited with a percentage of the total market gain, also expressed as a percentage. For example, if your participation rate is 75% and the S&P 500 experiences a 13% gain, your subaccount will be credited with 75% of 13% of your cash value total (i.e., 9.75%).
- Spread. This means your subaccount is credited with the percentage of growth experienced by an index minus a stated spread. For example, if your spread is 3% and the S&P experiences a 13% gain, your subaccount will be credited with 10%.