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NEWSWIRE: Rate Increase on MYGA and SPIA Effective 10/13

 
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Rate increase on EquiTrust MYGA and SPIA 
Effective 10/13/22

 

Rate increase on Certainty Select MYGA and Confidence Income SPIA! New rates apply to contracts with effective dates on or after October 13, 2022.

Certainty Select Annuity (Multi-Year Guarantee Annuity)

Guarantee period

Current rates

Former rates

3-year

3.60%

3.10%

5-year

4.50%

4.00%

6-year

4.70%

4.20%

8-year

4.75%

4.25%

10-year

4.80%

4.30%

Confidence Income Annuity (Single Premium Immediate Annuity)
Monthly Guaranteed Payment on $100,000 Premium

Annuity option

Current payment

Former payment

5-year fixed period

$1,770.37

$1,741.28

10-year fixed period

$1,014.52

$996.72

15-year fixed period

$761.64

$749.75

20-year fixed period

$637.07

$624.46

Life only – male 65

$611.55

$585.76

Life only – female 65

$562.24

$536.94

Joint life – M 65/ F 65

$498.46

$474.01

Click here to see the current Annuity All Product Summary

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

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 We’ve extended our MarketPower Bonus and MarketTen Bonus

9% Rollup Rate1 Special offer through Oct. 31, 2022.

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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.

 

1. This is the benefit-base bonus applied only to the income rider value – not to the contract’s Accumulation Value.
Withdrawals before age 59½ may result in a 10% IRS penalty tax. 

 

Guarantees subject to the claims-paying ability of EquiTrust Life Insurance Company. Certainty Select Contract issued on Contract Form Series ET-MYG-2000(06-09) (not available in OR), or ICC13-ET-MYG-2000(07-13). Confidence Income Contract issued on Contract Form Series ET-SPIA (08-06) MarketPower Bonus Index riders issued on Form Series ICC16-ET-IBR-FIXED(07-16) or ET-IBR(06-08); ICC17-ET-IBR-ER-A(04-17) or ET-IBR-ER-A(04-17). MarketTen Bonus Index riders issued on Form Series ICC16-ET-IBR-FIXED(07-16) or ET-IBR(06-08); ICC17-ET-IBR-ER-A(04-17) or ET-IBR-ER-A(04-17). EquiTrust does not offer investment advice to any individual and this material should not be construed as investment advice. 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. 

 

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7100 Westown Pkwy Suite 200
West Des Moines, IA 50266

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