Fixed index annuity review and rates

Bridge

Bridge is a flexible-premium, fixed index deferred annuity with Long-Term Care (LTC) Rider and NeverStop Wellness Program. For Non-Qualified funds only.
Available in states: AL, AK, AZ, AR, FL, GA, ID, IL, IA, KS, KY, LA, ME, MI, MN, MS, MO, NE, NV, NH, NM, OK, SC, SD, TN, TX, VT, WA, WV, WI, and WY

Allocation Accounts

Name Type Rates
1-Year Fixed Account
Fixed
5% Fixed
1-Year S&P 500 PTP Cap
Point to Point
Annual
10% Cap
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
40% Participation
1-Year S&P 500 PTP Monthly Average Participation Rate
Point to Point
Annual
Monthly average
65% Participation
1-Year Barclays Focus 50 PTP Participation Rate
Point to Point
Annual
150% Participation
1-Year S&P MARC 5% ER PTP Participation Rate
Point to Point
Annual
175% Participation

Surrender schedule

Year 1 2 3 4 5 6 7 8 9 10
Penalty 9% 8% 7% 7% 6% 5% 4% 3% 2% 1%

Riders

Name Inbuilt Fee
Long-Term Care Rider Yes 1.00% annually
EquiTrust Life Insurance Company
Founded: 1996
A.M. Best: B++
S&P: B++
Carrier details
Free withdrawal
1st year: 0%
2nd+ year: 10%
Surrender schedule
10 years
Return of premium
Market value adjustment
Minimum contribution
$50,000
Types of funds
Non-Qualified