Editor’s Note: This article is from our partners at LifeInnovators.com, and the PDF version can be downloaded for free here.
The Basic FILA Concept
As we covered in The Emergence of the Fixed Index-Linked Annuity (FILA), the core definition of a FILA product is an FIA that allows the policyholder to access index-linked crediting options that have more downside risk and more upside potential than a typical FIA and akin to what’s available in some RILA products.