Skip to main content

NEWSWIRE: Rate Change on Three Index Annuities – Effective 2/19/21

Image

Rate Change on Index Annuity Products

Effective February 19, 2021
(Rate hold requirement date February 18th)

 

Rate Decrease on MarketPower Bonus Index, MarketTen Bonus Index and MarketValue Index Annuity Products.

 

Transition Rules

To receive the current rates, applications must be received via mail, fax or E-App on Thursday, February 18th by 5:00 PM (Central).

 

If fax is confirmed, do not resend; please allow for processing time. 


MarketPower Bonus 

1-Yr Interest

1-Yr Pt-to-Pt Cap

1-Yr Mo Avg Cap

1-Yr Mo Avg Part

1-Yr Mo Cap

2-Yr Mo Avg Cap

Focus50 1-YrPt to Pt Part

Focus50 2-YrPt-to-Pt Part

 

Rates if IBR is Not Elected
1.00% (formerly 1.15%)

2.00% (formerly 2.25%)

2.25% (formerly 2.50%)

20.00% (formerly 25.00%)

1.10% (formerly 1.30%)

4.00% (formerly 5.00%)

30.00% (formerly 40.00%)

50.00% (formerly 60.00%)

 

Rates if IBR is Elected
1.00% (no change)
2.00% (no change)

2.25% (no change)

20.00% (formerly 23.00%)
1.10% (formerly 1.15%)

4.00% (no change)

30.00% (formerly 35.00%)

50.00% (formerly 55.00%)


MarketTen Bonus Index

1-Yr Interest

1-Yr Pt-to-Pt Cap

1-Yr Mo Avg Cap

1-Yr Mo Avg Part

1-Yr Mo Cap

2-Yr Mo Avg Cap

Focus50 1-YrPt-to-Pt Part

Focus50 2-YrPt-to-Pt Part

 

Rates if IBR is Not Elected
1.00% (formerly 1.10%)

2.00% (formerly 2.25%)

2.25% (formerly 2.50%)

18.00% (formerly 23.00%)

1.10% (formerly 1.20%)

4.00% (formerly 5.00%)

30.00% (formerly 35.00%)

50.00% (formerly 55.00%)

 

Rates if IBR is Elected
1.00% (no change)
2.00% (no change)

2.25% (no change)

18.00% (no change)
1.10% (no change)

4.00% (no change)

30.00% (no change)

50.00% (no change)


MarketValue Index

1-Yr Interest

1-Yr Pt-to-Pt Cap

1-Yr Pt-to-Pt Part

1-Yr Mo Avg Cap

1-Year Mo Avg Part

1-Year Mo Cap

2-Yr Mo Avg Cap

Focus50 1-YrPt-to-Pt Part

Focus50 2-YrPt-to-Pt Part

MARC 5% 1-YrPt-to-Pt Part

 

Rates if IBR is Not Elected

2.50% (no change)

4.25% (no change)

28.00% (no change)

4.75% (no change)

45.00% (no change)

1.85% (formerly 2.00%)

10.00% (no change)

80.00% (no change)

105.00% (formerly 115.00%)

95.00% (no change)

 

Rates if IBR is Elected

2.25% (no change)
4.00% (no change)

25.00% (no change)

4.50% (no change)
35.00% (no change)

1.80% (no change)

9.00% (no change)

70.00% (no change)

95.00% (no change)

85.00% (no change)

Click here to see the Annuity All Product Summary with 2/19/21 rates.

 

Questions? Call Sales Support
at 866-598-3694 or
visit the Agent
Website at Agents.EquiTrust.com

 
Image
 

Products underwritten and issued by EquiTrust Life Insurance Company, West Des Moines, Iowa. Products distributed by EquiTrust Insurance Marketing Services; in California doing business as EQT Insurance Marketing Services.

Alternate text
 
Image
 
Alternate text
 
Image
 

IC21-ECN-1024

FOR PRODUCER USE ONLY

EquiTrust

7100 Westown Pkwy Suite 200
West Des Moines, IA 50266

scroll to top of page