Mortality And Expense (M&E) Risks Charge

Mortality And Expense (M&E) Risks Charge is a fee that only applies to Variable Annuities. In most circumstances, the “M&E” pays for the guaranteed death benefit, ensures that the contract’s expense risks won’t rise, covers a guaranteed interest rate paid on one form of Variable Annuity subaccount, and can
cover the insurer’s annuity contract overhead expenses.