Annuity Value Protection is a product specific feature. Meaning that it is a term specific only to certain companies/products.
Usually, it refers to a feature that "locks in" returns at a certain point. Usually it is in reference to the gains of a living benefits rider such as a Guaranteed Lifetime Income Rider.
If your annuity has this feature be sure to have your agent or the company explain it in full. Then review it on a yearly basis.
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Usually, it refers to a feature that "locks in" returns at a certain point. Usually it is in reference to the gains of a living benefits rider such as a Guaranteed Lifetime Income Rider.
If your annuity has this feature be sure to have your agent or the company explain it in full. Then review it on a yearly basis.