North American has an interesting new product. The usual S&P index, but in any year where the index return is zero or less, then a declared interest rate is credited. Sounds sort of like an income rider with guaranteed rate, but built into the chassis as a loss-protection feature. I've seen something similar come and go in the past. This is approved in only 12 states so far (including my state). Here's what has me curious: "When index performance is down, the Inverse Performance Trigger may provide a more favorable earning potential than the current Fixed Account rate." So, I wonder if the declared fixed rate is, let's say, 2.5%, are they saying the IPT rate will be maybe something like 3%? Like I said, interesting.