EquiTrust New Business Processing Standards = 5-8 business days
(For in-good-order business, from application received to issue or request transfer of funds.)
ENHANCED INCOME BENEFIT RIDERS OFFER HIGHER
PAYMENTS!
Use our new educational tool to start the client conversation
In case you missed it, we recently upgraded the optional Income Benefit Riders (IBRs) available on several of our fixed index annuities (FIAs). Now you can offer your clients higher guaranteed1 payments for life!
Here’s an overview of the available IBRs
FIA
Bonus
Rollup rate and design
Offers strong guaranteed income
Fee as % of AV*
MarketPower Bonus Index®
12%2 premium bonus
8.0% up to 10 years
In later years
1.25%
MarketTen Bonus Index®
8%2 premium bonus
8.0% up to 10 years
In later years
1.00%
MarketSeven Index®
25%3 Benefit Base bonus
7.0% up to 7 years
In early to mid years
1.25%
* AV = Accumulation Value
MarketValue Index® still offers the same competitive IBR that incorporates accumulation growth into the rollup!
Annual payment amounts at age 65 $100,000 premium, issue age 60
MarketPower Bonus Index: $10,696
MarketTen Bonus Index: $11,108
MarketSeven Index: $12,272
Open the discussion with this educational resource
We’ve enhanced our client-approved showbook to make it easy to introduce clients to IBRs, including an overview of how they work, what features to look for, and more. Use this presentation as a catalyst for IBR discussions during client meetings. Download here or order the printed version on Agents.EquiTrust.com!
3 Benefit Base bonus applied only to the Income Benefit Rider value, not to the contract’s Accumulation Value.
4 Premium bonus on MarketForce Bonus IndexTMincreased by 3% in CA.
EquiTrust does not offer investment advice to any individual or agent/producer and this material should not be construed as investment advice. Products underwritten, issued and distributed by EquiTrust Life Insurance Company, West Des Moines, Iowa.
