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WealthHorizon Life


Product Detail

  • Single Premium Index-Linked Life Insurance
  • Issue Ages: 45-80 (based on insured’s last birthday)
  • Premium Minimum: $10,000, Maximum: $750,000 Face
  • Accounts: 1 fixed-rate, 2 S&P 500 Index, 1 Barclays Focus50 Index, 1 S&P MARC 5 Excess Returns Index
  • Surrender Charge: 10 years
    • 12, 12, 12, 12, 11, 10, 8, 6, 4, 2%
    • Upon full surrender, unearned monthly deduction will be refunded
  • Face Amount: Single premium multiplied by the face amount factor
  • Death Benefit: The greater of (1) Face Amount, less Loan Balance or (2) Maximum of Accumulation Value or Minimum Guaranteed Cash Value, multiplied by the minimum death benefit factor, less Loan Balance.
  • Underwriting: Point of Sale up to $250,000 in premium. Cases $250,000 and above in premium require an Attending Physicians Statement (APS).
  • Penalty-Free Withdrawals: 5% of Accumulation Value after 1st year, limited to one withdrawal per policy year.
  • Loans: Current rate is 5.50%, variable rate
  • Policy Fees/Expenses
    • Policy Expense Charge: per $1,000 – years 1-10
    • Policy Fee: $10 per month
    • COI Charge: monthly, from Accumulation Value
    • Guaranteed COIs are based on 2017 CSO Table
  • Accelerated Death Benefit Rider
    • Terminal Illness, Nursing Care Confinement or Chronic Care

 

For Agent Use Only

Product Features and Rider Availability may vary by state.

WealthHorizon Life

Effective January 27, 2021
(Rates Effective Since Aug, 21 2020)
Current Rate
1-Year Interest 4.00%
S&P 500 1-Year Point-to-Point Cap 9.00%
S&P 500 1-Year Monthly Average Participation 75.00%
Focus50 1-Year Point-to-Point Participation 140.00%
MARC 5% 1-Year Point-to-Point Participation 150.00%


1-Year Interest 
The fixed rate is guaranteed for one policy year. On policy anniversaries the rate may change subject to the contractual Minimum Guaranteed Interest Rate. The Minimum Guaranteed Interest Rate is 2.0%.

S&P 500 1-Year Point-to-Point Cap 
Index credits are based on the percentage change in the S&P 500® Index from the previous policy anniversary, up to a specified cap. The minimum cap is 3.0%.

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

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

MARC 5% 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 policy 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,
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


Product Not Approved
MT, NY

Waiver of Surrender Charge Rider Available
FL* (Nursing Home confinement only)
Life Underwriting Guidelines.pdf
Guidelines to Assure Smooth Processing of Your Life Cases.pdf
Pre-Qualification Health Checklist.pdf
Extreme Impairments List.pdf

Current Form Date Title Number
2020/06/03 Agent Gateway Website ET-GATEWAY
2020/03/31 Barclays Focus50 Index Client Brochure ET-BARCFOC50-1100
2010/05/10 Buyer's Guide to Life Insurance - Generic LIG-LN-06
2018/06/06 E-Applications Flyer ET-EAPP
2020/03/24 EquiTrust Corporate Brochure ET-BRO-1000
2020/03/24 EquiTrust Letter of Financial Condition - Producer Use Only ET-LFC
2009/11/01 EquiTrust Pocket Folder ET-FDR-1001A
2021/01/27 EquiTrust Wire-Transfer Instructions ET-WIRETRANSFER
2020/10/09 EquiTrust's Competitive Advantages ET-ADVANTAGES
2019/07/30 Extreme Impairments List ETL-SPL-EXIMP
2020/03/18 Guidelines to Assure Smooth Processing of Your Life Cases ETL-UNDTIPS
2019/07/14 Index-Strategy Description: 1-Year Monthly Average Participation ETL-AP
2017/02/14 Index-Strategy Description: 1-Year Monthly Cap ETL-MC
2019/07/26 Index-Strategy Description: 1-Year Point-to-Point Cap ETL-PTP
2019/07/26 Index-Strategy Description: 1-Year Point-to-Point Participation ETL-PTPP
2020/03/25 Life Underwriting Guidelines ETL-SPL-UNDGDLNS
2020/03/02 Online Marketing Resources ET-5002
2019/10/30 Pre-Qualification Health Checklist ETL-PREQUAL
2020/03/31 S&P MARC 5% Excess Return Client Brochure SPMARC5BROCHURE
2021/01/05 S&P500 Historical Analysis ET-SP500-HISTORICAL
2020/07/09 Ward's 50 ET-WARDS50
2020/05/27 Wealth Series Sales Presentation - PowerPoint ETL-BRO-1009PP
2019/07/30 Wealth Series Sales Presentation ETL-BRO-1009
2019/07/30 WealthHorizon Life Agent Guide - CA ETL-WHRZN-1102CA
2019/07/30 WealthHorizon Life Agent Guide - Generic ETL-WHRZN-1102
2019/07/30 WealthHorizon Life Case Study Flyer ETL-WHRZN-CASE
2019/08/08 WealthHorizon Life Case Study Flyer - Age 60 ETL-WHRZN-CASE60
2019/07/30 WealthHorizon Life Client Brochure - CA ETL-WHRZN-1100CA
2019/07/30 WealthHorizon Life Client Brochure - Generic ETL-WHRZN-1100
2019/07/30 WealthHorizon Life Face Amount Factors ETL-WHRZNFAF