Prática Life and health insurance (Florida)

A deferred annuity credits a fixed interest rate during accumulation. At annuitization, the owner elects payments that rise and fall with the value of the insurer's separate account. How is this contract classified?

• AAs a fixed annuity, because the accumulation phase was credited at a fixed rate
• BAs a variable annuity, because its payout depends on separate account values
• CAs an indexed annuity, because payments are tied to market performance
• DAs a fixed annuity with a market value adjustment that changes its payments