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 Terminal Illness Rider Included with All Deferred Annuities – Now in Hawaii
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Originally announced in March for all states excluding Hawaii, the no-cost rider offers a surrender-charge-free withdrawal of up to 75% of the Accumulation Value in the event of a terminal illness. The rider may be utilized one year after the issue date.
The rider is included with new contracts issued on or after December 4thfor Hawaii clients,for all issue ages, on these products:
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Index Annuities
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Multi-Year Guarantee Annuity
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MarketTwelve Bonus
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Certainty Select
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MarketPower Bonus
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MarketTen Bonus
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Traditional Fixed Annuity
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MarketBooster
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ChoiceFour
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MarketValue
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Builder Bonus
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DynaMARC
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Accumulator MarcSeven
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Income MarcSeven
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Definitions
• Terminal Illness must be certified by a licensed physician.
• Contract must be inforce one year before waiver can be exercised.
• Owner's use of annuity proceeds are not restricted.
• Exercise of the option before age 59 1/2 may result in 10% IRS penalty and
earnings may be subject to income tax.
Product Materials Revised
PDFs and printed supplies of Agent Guides and Client Brochures impacted by the new rider were revised in March to include the Terminal Illness Rider.
Questions?Send an email toEquiTrust Sales Support,
call866-598-3694, or visit our website atAgents.EquiTrust.com
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EquiTrust Life Insurance Company, West Des Moines, IA. www.EquiTrust.com. For Producer Use Only. IC17-ECN-1126
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