### Question
How does COMPREHENSIVE EMPLOYMENT AND TRAINING PROGRAMS define guaranteed benefit policy?


### Answer
Under *29 U.S.C. § 1101*, **guaranteed benefit policy** is defined as:

> an insurance policy or contract to the extent that such policy or contract provides for benefits the amount of which is guaranteed by the insurer

#### Citation:
  - *29 U.S.C. § 1101*
  - Heading: **CHAPTER 17-COMPREHENSIVE EMPLOYMENT AND TRAINING PROGRAMS > SUBCHAPTER I-PROTECTION OF EMPLOYEE BENEFIT RIGHTS > Subtitle B-Regulatory Provisions > part 4-fiduciary responsibility**

