MarketPower Bonus Index Rate & Reviews

MarketPower Bonus Index

The Market Power Bonus Index is a Single Premium Deferred Annuity Contract with fixed and indexed interest accounts is issued by EquiTrust Life Insurance Company. This contract is intended for retirement funding or other long-term accumulation needs. Substantial contract-imposed penalties may apply to full and partial withdrawals in the first 14 years.

Available in states: AL, AK, AZ, AR, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, and WY

Allocation Accounts

Name	Type	Rates
1-Year Fixed Account	Fixed	4% Fixed
1-Year Barclays Focus 50 PTP Participation Rate	Point to Point Annual	150% Participation
2-Year Barclays Focus 50 PTP Participation Rate	Point to Point Biennial	200% Participation
1-Year S&P MARC 5% ER PTP Participation Rate	Point to Point Annual	175% Participation
1-Year S&P 500 PTP Monthly Average Participation Rate	Point to Point Annual Monthly average	55% Participation
1-Year S&P 500 PTP Monthly Average Cap	Point to Point Annual Monthly average	8.5% Cap
1-Year S&P 500 PTP Monthly Sum Cap	Point to Point Annual Monthly sum	2.75% Cap
1-Year S&P 500 PTP Cap	Point to Point Annual	8% Cap
2-Year S&P 500 PTP Monthly Average Cap	Point to Point Biennial Monthly average	18% Cap

Surrender schedule

Year	1	2	3	4	5	6	7	8	9	10	11	12	13	14
Penalty	20%	20%	19%	19%	18%	17%	16%	14%	12%	10%	8%	6%	4%	2%

Riders

Name	Inbuilt	Fee
Market Power Income Rider	No	1.25% annually (1.25% max)