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MarketTen Bonus Index


Product Detail

  • Applicant Ages: 0-80
  • Premium Minimum: $10,000 NQ/$5,000 Q,  Max: $2 million
  • Flexible Premium; $2,000 Additional
  • 6% (LIMITED TIME SPECIAL: 8% through 6/28/2024) Bonus on premiums in years 1-5
  • Accounts: 1 fixed-rate; 10 index-linked: 7 S&P 500, 2 Barclays Focus50, 1 S&P MARC 5%
  • Surrender Charge: 10 Years
    • 10, 10, 10, 10, 8.5, 7, 5.5, 4, 3, 1.5%
  • Penalty-Free Withdrawals: 10% beginning year 2
  • Death Benefit: Full Accumulation Value
  • Return of Premium rider
  • Nursing Home Waiver
  • Terminal Illness Rider
  • Optional Income Rider

 

For Agent Use Only

Product Features and Rider Availability may vary by state.

Optional Income Benefit Rider

  • Issue Ages: 40-80
  • Benefit Base: Premium, plus any applicable premium bonus, compounded at 8% annually for up to 10 years
  • Income withdrawal: May begin after first year and age 50
  • Enhanced Income Withdrawals: Income withdrawal amount increased by 100% for single-life owner (50% for joint owners) for up to five years in event of chronic Illness or permanent cognitive impairment
  • Issue requirements: Must be elected at issue; Owner and Annuitant must be same person
  • IBR fee: 1.00% of the Accumulation Value, annually
Competitive IBR Features

The Income Benefit Rider (IBR) pays lifetime income even if the contract's Accumulation Value is depleted.

  • Rider payments may be doubled for up to five years in the event of a chronic illness (up to 50% for joint owners); included at no additional cost.
    • No confinement required – two of six activities of daily living (ADLs)
    • Also applied to permanent cognitive impairment
    • Withdrawals may continue even if the Accumulation Value is depleted
    • Approved in all states
  • Upon spousal continuation of lifetime payments, income continues even if Accumulation Value is depleted
  • Annual fee is based on the contract's Accumulation Value – not the faster-growing Benefit Base
Competitive Rollup Designs

The Benefit Base is equal to all premiums and premium bonuses (if applicable), less withdrawals, compounded at a defined rate, for either 7 or 10 years. The faster the Benefit Base accumulates, the greater the income.

MarketTen Bonus Index

Effective June 23, 2024
(Rates Effective Since Jun 21, 2024)
Account Options Current Rate
1-Year Interest 3.50%
S&P 500 1-Year Point-to-Point Cap 7.00%
S&P 500 1-Year Point-to-Point Performance Trigger 6.00%
S&P 500 1-Year Monthly Average Cap  8.00%
S&P 500 1-Year Monthly Average Participation 75.00%
S&P 500 1-Year Monthly Cap 1.85%
S&P 500 2-Year Monthly Average Cap 18.00%
S&P 500 Dynamic Intraday TCA 1-Year Point-to-Point Participation 60.00%
Barclays Focus50 1-Year Point-to-Point Participation 135.00%
Barclays Focus50 2-Year Point-to-Point Participation 180.00%
S&P MARC 5% Excess Return 1-Year Point-to-Point Participation 150.00%


Fixed-Rate Account
1-Year Interest
The fixed rate is guaranteed for one contract year. On contract anniversaries the rate may change subject to the contractual Minimum Guaranteed Interest Rate. All subsequent premiums received are applied to this account until the contract anniversary, then allocated per your instructions. The Minimum Guaranteed Interest Rate is 1.0%.

S&P 500® Index crediting strategies
1-Year Point-to-Point Cap
Index credits are based on the percentage change in the S&P 500 Index from the previous contract anniversary, up to a specified cap. The minimum cap is 1.0%.

1-Year Point-to-Point Performance Trigger
Index credits will be based on the Performance Trigger Rate if the S&P 500 Index increases from the previous contract anniversary. The minimum Performance Trigger Rate is 1.0%.

1-Year Monthly Average Cap
Index credits are based on the percentage change in the S&P 500 Index from the previous contract anniversary to the monthly index average, up to a specified cap. The minimum cap is 1.0%.

1-Year Monthly Average Participation
Index credits are based on the percentage change in the S&P 500 Index monthly average from the previous contract anniversary, multiplied by the participation rate. The minimum participation rate is 10.0%.

1-Year Monthly Cap
Index credits are based on the cumulative sum of capped monthly changes in the S&P 500 Index from the previous contract anniversary. Each monthly gain is subject to a cap, but monthly declines are not subject to a floor. The minimum cap is 0.5%.

2-Year Monthly Average Cap
Index credits are based on the percentage change in the S&P 500 Index from the previous two-year contract anniversary to the monthly index average over a two-year period, up to a specified cap. The minimum cap is 3.0%.

S&P 500 Dynamic Intraday TCA Index crediting strategy
1-Year Point-to-Point Participation
Index credits are based on the percentage change in the S&P 500 Dynamic Intraday TCA Index from the previous contract anniversary, multiplied by the participation rate. The minimum participation rate is 10.0%.

Barclays Focus50 Index crediting strategies
1-Year Point-to-Point Participation
Index credits are based on the percentage change in the Barclays Focus50 Index from the previous contract anniversary, multiplied by the participation rate. The minimum participation rate is 10.0%.

2-Year Point-to-Point Participation
Index credits are based on the percentage change in the Barclays Focus50 Index from the previous two-year contract anniversary, multiplied by the participation rate. The minimum participation rate is 10.0%.

S&P MARC 5% Excess Return Index crediting strategy
1-Year Point-to-Point Participation
Index credits are based on the percentage change in the S&P MARC 5% Excess Return Index from the previous contract anniversary, multiplied by the participation rate. The minimum participation rate is 10.0%.

 

Rate Hold
If the initial premium is not received with the application but is received within 60 days, the contract/policy will be credited with the higher of the rates on the date of receipt of the application and the rates for new issues on the date the premium is received.


Product State Approvals


Alabama,
Alaska,
Arizona,
Arkansas,
California,
Colorado,
Connecticut,
Delaware,
District of Columbia,
Florida,
Georgia,
Hawaii,
Idaho,
Illinois,
Indiana,
Iowa,
Kansas,
Kentucky,
Louisiana,
Maine,
Maryland,
Massachusetts,
Michigan,
Minnesota,
Mississippi,
Missouri,
Montana,
Nebraska,
Nevada,
New Hampshire,
New Jersey,
New Mexico,
North Carolina,
North Dakota,
Ohio,
Oklahoma,
Oregon,
Pennsylvania,
Rhode Island,
South Carolina,
South Dakota,
Tennessee,
Texas,
Utah,
Vermont,
Virginia,
Washington,
West Virginia,
Wisconsin,
Wyoming,

Product State Variations


Surrender Charge Variation
CA, DE

No MVA
CA, DE
Current Form Date Title Number
2024/01/29 Advantages of Index Annuity Downside Protection ET-PTPPHISTEX
2021/09/29 Agent Gateway Website ET-GATEWAY
2024/02/02 Annuity New Business Checklist ET-ANN-CKLIST
2023/11/01 Annuity Suitability Agent User Guide ET-3107
2019/11/05 Annuity Training User Guide ET-REGED
2022/08/24 Barclays Focus50 Index Client Brochure ET-BARCFOC50-1100
2024/01/24 Commission Options ET-MV-FLR-TRLCOMP
2024/03/25 Competitive Income Benefit Riders Flyer ET-IBR-FLR-CADV
2021/04/15 Delegate Account User Guide ET-DELEGATEACCT
2023/01/25 E-Applications Flyer ET-EAPP
2022/03/23 E-Delivery Agent User Guide ET-EDELAGENT
2021/12/13 E-Delivery Client User Guide ET-EDELCLIENT
2022/03/23 E-Delivery FAQs ET-EDELFAQ
2023/02/15 EquiTrust Advertising Requirements ET-ADREQ
2024/03/29 EquiTrust Agent App Overview ET-GEN-FLR-MBLAPP-OVERVIEW
2024/04/30 EquiTrust Agent App Quick Start Guide ET-GEN-FLR-MBLAPP
2019/09/18 EquiTrust Client Portal Flyer ET-MYEQUITRUST
2024/05/20 EquiTrust Contact Information ET-5000
2024/06/20 EquiTrust Corporate Brochure ET-GEN-BR-1000
2024/04/12 EquiTrust Letter of Financial Condition - Producer Use Only ET-GEN-FLR-LFC.PDF
2023/09/05 EquiTrust Pocket Folder ET-FDR-1001A
2023/10/30 EquiTrust Wire-Transfer Instructions ET-WIRETRANSFER
2023/10/27 EquiTrust's Competitive Advantages ET-GEN-FLR-CADV
2024/02/09 Fixed Annuity Sales Presentation ET-GEN-BR-1001
2024/02/09 Fixed Annuity Sales Presentation - PowerPoint ET-GEN-BR-1001PP
2024/04/23 Guidelines for IRA Beneficiaries Under the SECURE Act ET-GEN-FLR-IRA
2024/03/25 IBR Competitor Comparison ET-IBR-FLR-COMPARISON
2024/03/25 IBR Fee Structure ET-IBR-FLR-FEES
2024/04/09 Income Benefit Rider (IBR) Comparison Heatmap ET-IBR-FLR-HEATMAP
2024/04/05 Income for Life Sales Presentation ET-IBR-BR-1003
2022/12/30 Income, Assets, and Expenses Inventory ET-RINCOME
2022/08/31 Index Annuities Eliminate the Stress of Market Losses ET-LOSSRECOVERY
2024/02/09 Index Annuity Sales Presentation ET-GEN-BR-1002
2024/02/09 Index Annuity Sales Presentation - PowerPoint ET-GEN-BR-1002PP
2024/06/01 Index Strategy Description: 1-Year Point-to-Point Performance Trigger ET-GEN-FLR-PT
2017/02/03 Index-Strategy Description: 1-Year Average Participation ET-AP
2017/02/03 Index-Strategy Description: 1-Year Daily Average Cap ET-AC
2017/02/03 Index-Strategy Description: 1-Year Monthly Average Cap ET-ACMV
2017/02/03 Index-Strategy Description: 1-Year Monthly Cap ET-MC
2017/02/03 Index-Strategy Description: 1-Year Point-to-Point Cap ET-PTP
2020/03/03 Index-Strategy Description: 1-Year Point-to-Point Participation ET-PTPP
2017/02/03 Index-Strategy Description: 2-Year Monthly Average Cap Index Account ET-2MC
2020/03/03 Index-Strategy Description: 2-Year Point-to-Point Participation ET-2PTPP
2022/11/29 Inherited/Stretch IRA Client Brochure ET-INHERSTRCHIRA
2023/01/31 Inherited/Stretch IRA Rules ET-INHRSTRCHRULES
2024/02/06 Internal Transfer Program Flyer ET-GEN-FLR-ITP
2024/06/05 MarketTen Bonus Agent Guide ET-MTB-BR-1102
2024/06/01 MarketTen Bonus Client Brochure ET-MTB-BR-1100
2023/08/31 MarketTen Bonus Client Brochure - OR ET-MTB-BR-1100-OR
2024/06/05 MarketTen Bonus Competitive Advantages Flyer ET-MTB-FLR-CADV
2024/01/29 MarketTen Premium Bonus Special Client Flyer ET-MTB-FLR-PBSPL
2023/04/06 MVA Impact on Fixed Index Annuities ET-GEN-FLR-MVA
2021/09/29 Online Marketing Resources ET-5002
2022/09/27 Partial Tax Conversion ET-PTAX
2024/02/29 Premium Bonus Special - First year return flyer ET-MULTI-FLR-PB
2024/03/25 Premium Bonus Special Flyer ET-MULTI-FLR-PBSPL
2023/10/01 Raw vs. Credited Returns Flyer ET-RAWVSCREDITED
2024/06/01 S&P 500 Dynamic Intraday Brochure S&P 500 Dynamic Intraday Brochure
2022/09/07 S&P MARC 5% Excess Return Client Brochure SPMARC5BROCHURE
2024/06/01 S&P500 Historical Analysis ET-SP500-HISTORICAL
2021/07/01 Upload a Doc User Guide ET-UPLOADADOC.PDF
2023/07/31 Ward's 50 ET-WARDS50
2024/01/24 When Does a Premium Bonus Make Sense? ET-GEN-FLR-BNS
2024/01/04 Wizard User Guide ET-GEN-BR-WUG

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