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Bridge

The Bridge Annuity is a fantastic choice for anyone planning for a relaxed retirement. This annuity pays a steady income that can cushion life after work, offering much-needed financial security.

Packed with benefits from the brochure, this annuity protects your capital and assures consistent income growth. If you're looking towards the future, Bridge has you covered. A reassuring friend indeed!

Bridge

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About Product

Type

Fixed Index

Purpose

Long-Term Care

Term

10 Years

Surrender schedule

6.5%

5.5%

4.5%

3.5%

2.5%

1.5%

0.5%

Fee withdrawal:

10%

Flexible premium

Product Life

Market Value Adjustment

Yes

Return Of Premium

Minimum Contribution

$50,000

Maximum Contribution

$1,000,000

Max Age Qualified

Types Of Funds

Non-Qualified

Launch Date

11/15/2022

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, CO, DE, DC, FL, GA, HI, ID, IL, 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	4.5% Fixed
1-Year S&P 500 PTP Cap	Point to Point Annual	8% Cap
1-Year S&P 500 PTP Participation Rate	Point to Point Annual	45% Participation
1-Year S&P 500 PTP Monthly Average Participation Rate	Point to Point Annual Monthly average	80% Participation
1-Year Barclays Focus 50 PTP Participation Rate	Point to Point Annual	145% Participation
1-Year S&P MARC 5% ER PTP Participation Rate	Point to Point Annual	170% 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%

Hypothetical Projection

Comparison against S&P 500 using current rates

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Investment Amount

Riders

Name	Inbuilt	Fee
Long-Term Care Rider	Yes	1.00% annually

Waivers

Nursing Home

Included for all applicant ages at no charge. After the first contract year, access up to 100% of the Accumulation Value in the event of nursing home confinement of owner for 90 days.

Terminal Illness

Included for all applicant ages at no charge. After the first contract year, owner may access up to 75% of the Accumulation Value in the event of the owner’s terminal illness.

Annuitization

On the Income Date, the Accumulation Value is applied to the payment option elected. The Income Date is the first contract anniversary after the Annuitant’s 100th birthday. By current company practice, the Accumulation Value is available for annuitization after the fifth year if a minimum payout of five years or life is elected.

Premium Notes

Applicant Ages
55-80, all Owners/Annuitants. Annuitant must be the Owner unless trust-owned. Joint ownership not allowed.

Initial Premium
Minimum: $50,000;
Long-term care coverage limit Year 1: $1,000,000

Additional Premium
Subsequent minimum: $2,000
Subsequent annual maximum after year 1: $250 000

Withdrawal Provisions

Free Withdrawals By current company practice, systematic withdrawals of interest are allowed in the first year from the 1-Year Interest Account without charges. After the first contract year, up to 10% of the Accumulation Value on the previous contract anniversary may be withdrawn each contract year without Surrender Charge or MVA, either systematically or as a single withdrawal. Single withdrawals can be requested at any time, but must be at least $250 per request. Systematic withdrawals are available monthly, quarterly, semiannually or annually, and must be taken by EFT.

Company Founded: 1996

Good Rated Company

EquiTrust Life Insurance Company

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