MarketPower Bonus Index Annuity
A single premium fixed index deferred annuity with a 10% Premium Bonus on first-year premiums, an income benefit rider option, and index accounts linked to Barclays Focus50 Index and S&P MARC 5% Excess Return Index. Features a 14-year design in most states, and 10-year variation in 17 states.
Unique Opportunity in 17 States
A 10-Year design variation (available in AK, CT, DE, ID, IL, MN, MT, NJ, NV, OH, OK, OR, PA, TX, UT, VT and WA) features lower surrender charges: 17%, 15%, 14%, 12%, 10%, 9%, 7%, 5%, 3% and 1%. In all other approved states, MarketPower Bonus Index features a 14-year surrender schedule (20, 20, 19, 19, 18, 17, 16, 14, 12, 10, 8, 6, 4 and 2%). Product not available in California and New York.
For Many Index Annuity Buyers, a Premium Bonus Has Its Place!
An index annuity with a premium bonus may make good sense for clients who:
- May benefit from penalty-free access for wealth transfer, annuitization or income rider withdrawals
- Seek higher penalty-free withdrawals as a bridge to Social Security
- Seek recovery from an underperforming product
- Anticipate modest market results going forward
Sales Flyer! Bonus vs Non-Bonus Comparison – click here
Non-bonus index annuities typically feature higher rates for greater long-term accumulation potential. A bonus index annuity gives buyers an early boost on accumulation values. See the historical growth of 10% bonus with a 3% point-to-point cap compared to no bonus and 5% point-to-point cap, for both the best and worst S&P 500 10-year periods for the past 20 years.
MarketPower Bonus Index Features Include
- 0-75 Applicant Ages – No Commission Reduction
- MGA Commission 8% (7% in 10-year-variation states)
- Nursing Home Waiver – 100% Account Value
- Terminal Illness Rider – 75% of Account Value
- Optional Income Rider with Chronic Illness Doubler
- Risk-Control Indices: Barclays Focus50 Index and S&P MARC 5% Excess Return Index
Agent Guide – MarketPower Bonus Index
Client Brochure – MarketPower Bonus Index
Advantages of Index Annuity Downside Protection Flyer
Index Annuity Sales Presentation
EquiTrust Index Annuities Overview
View the EquiTrust Annuity All Product Summary