Monday, March 7, 2016

Illinois Approves Additional Accounts for MarketPower Bonus and MarketValue Index Annuities

 

Additional Index Accounts Approved by Illinois for MarketPower Bonus Index and MarketValue Index!

2 Additional S&P 500 Index Accounts Available Now!

• 1-Year Monthly Cap Index Account
• 1-Year Average Participation Index Account

MarketPower Bonus Index

• 1-Year Monthly Cap Index Account Rate: 1.30%
• 1-Year Average Participation Index Account Rate: 35%
• 10% Premium Bonus
• Additional Premiums Allowed in First Year
• 10-Year Schedule (for AK, IL and OH only)
• Applicant Ages: 0-75

MarketValue Index
• 1-Year Monthly Cap Index Account Rate: 1.90%
• 1-Year Average Participation Index Account Rate: 55%
• Flexible Premium
• 10-Year Schedule
• Applicant Ages: 0-80

For more product details and other strategies available on these products, see All Product Summary; click here.

Transition Rules
After April 7, 2016 updated Disclosures are required. Get the latest forms now on AppBuilder, click here. All Contracts issued on or after 3/7/16 will include the two new accounts; account transfers may be processed to the new accounts on the first contract anniversary. 

Revised Sales Materials

Updated sales materials are available now on the Agent Website:
MarketPower Bonus Index Agent Guide (ET-MPP-1102)
MarketPower Bonus Index Client Brochure (ET-MPP-1100)
MarketValue Index Agent Guide (ET-EIA-1102)
MarketValue Index Client Brochure (ET-EIA-1100)

Questions? Send an email to EquiTrust Sales Support,
call 866-598-3694, or visit our website Agents.EquiTrust.com



Rates are subject to change. Product and rider not available in all states and contract may vary by state. Surrender of the contract may be subject to surrender charge or market value adjustment. MarketPower Bonus Index contracts issued on Contract Form Series ET-MPP-2000(02-05). MarketValue Index contracts issued on Contract Form Series ET-EIA-2000(02-05). EquiTrust Life Insurance Company, West Des Moines, IA. For Producer Use Only. IC16-ECN-1018

 

 

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EquiTrust Life Insurance Company

7100 Westown Pkwy Suite 200

West Des Moines Iowa 50266-2521
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