 
Health Insurance California >> Annuity >> Equity Indexed Annuity Risks Can one lose money buying an equity-indexed annuity? Yes one can lose money buying an equity indexed annuity, especially if one needs to cancel your annuity early. Even with a guarantee, one could still lose money if your guarantee is based on an amount that’s less than the full amount of the purchase payments. In many cases, it would take several years for an equity-index annuity’s minimum guarantee to “break even.” You also may have to pay an important surrender charge and
other tax penalties if you cancel it early. In addition, in some cases,
insurance
companies might not credit you with index-linked interest if you do not
hold your contract till the maturity.
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