After analysis of our most popular product features, the index-annuity portfolio is consolidating to four redesigned, client-friendly products:
MarketPower Bonus Index Annuity
12% up-front premium bonus, reduced minimum premium
MarketTen Bonus Index Annuity
Return-of-premium rider,improved income rider, reduced minimum premium
MarketValue Index Annuity
Increased commission, multi-asset risk-controlled index options, accumulation-focused rates
MarketSeven Index Annuity
Increased commission, combines the best of Accumulator MarcSeven and Income MarcSeven
• Four unique income riders, all include chronic-illness doubler
• Three commission-payment options: upfront, trail, combination
See the Portfolio Before & After
Portfolio-Transition and Product Overview – Click Here
6 Products Will Be Retired on 1/31/19
Retired products include MarketTwelve Bonus, MarketBooster, Builder Bonus, DynaMARC, Accumulator MarcSeven and Income MarcSeven.
The Napa agent travel incentive is not impacted by the product changes. All sales of new and retired products qualify for this wine-country travel incentive, taking place June 24-28, 2019. The qualification period ends February 28, 2019.
New State Approvals
MarketPower Bonus – Available in all states except CA, DE & NY
MarketTen Bonus, MarketValue and MarketSeven – Available in all states except NY
See state approvals, click here.
Webinar! Wednesday 1/16 at 2:00 Central
Learn more about these exciting and competitive offerings, and the unique income rider included with each product. To register, click here.
New Materials and Forms Available Now
Updated sales resources are available now at Agents.EquiTrust.com. Printed supplies available at the Order Supplies link. New Disclosure Statements dated 01-19 must be used to sell the four new products, and are available on AppBuilder and E-Apps.
The four new products are available now. The current nine index annuities (original MarketPower, MarketTen and MarketValue plus retiring six) are available until January 31st. Important transition rules, click here.
Optional Trail Commissions
The four index annuities now feature three commission-payment options: upfront, trail, or upfront + trail combination. Updated commission schedules will be mailed to you within a few days. Your commission schedule is also available on the Agent Resource Center area of the Agent Website: Agents.EquiTrust.com; login is required.
Have You Signed an Updated Agent Contract?
As communicated previously, to continue doing business with EquiTrust and maintain website and Agent App access to your existing business, please update your Agent Contract before 2/28/19. The updated Agent Contract and Agent Appointment Application are available now at Agents.EquiTrust.com.