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SmartBoost Index

A leading supplier of annuity and life insurance products in the US, the EquiTrust Life Insurance Company was established in 1996. Nearing three decades of experience in the retirement sector, the company has demonstrated exceptional developments over the years thanks to its focus on delivering client-friendly annuity and life insurance solutions. Striving to consistently improve the services it offers to customers, EquiTrust has made the “Ward’s 50” best life and health insurance companies for a number of consecutive years.

SmartBoost Index

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About Product

Type

Fixed Index

Purpose

Accumulation

Term

10 Years

Surrender schedule

6.5%

5.5%

4.5%

3.5%

2.5%

1.5%

0.5%

Fee withdrawal:

Market Value Adjustment

Yes

Return Of Premium

Minimum Contribution

$10,000

Maximum Contribution

$2,000,000

Max Age Qualified

Types Of Funds

Non-Qualified, Traditional IRA, Spousal IRA, IRA Rollover, IRA Transfer, SEP IRA, IRA-Roth, SIMPLE IRA, 1035 Exchange, Stretch IRA, Inherited IRA, Roth Conversion (Partial), and Roth Conversion (Full)

Launch Date

08/06/2025

SmartBoost Index is a single-premium, fixed index deferred annuity with a patent-pending, no-fee, built-in “BOOST” via an Enhanced Accumulation Value. No additional premiums are accepted after issue. Product contains a fixed-rate account and a variety of index accounts, including the S&P 500 Index and the risk-controlled S&P 500 Dynamic Intraday TCA Index.

Available in states: AL, AK, AZ, AR, CO, CT, DE, DC, FL, GA, HI, ID, IL, IA, KS, KY, LA, ME, MA, MI, MN, MS, MO, MT, NE, NV, NH, 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	50% Participation
1-Year S&P 500 Dynamic Intraday TCA PTP Participation Rate	Point to Point Annual	70% Participation
1-Year S&P 500 Performance Trigger	Performance Triggered Annual	6.5% Performance triggered

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

No Riders for SmartBoost Index annuity.

Waivers

Nursing Home

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

Terminal Illness

Available for all applicant ages at no charge. Access up to 75% of the Vested EAV in the event of the owner’s terminal illness. Features may vary by state.

Premium Notes

Allocation Rules
Minimum allocation of $2,000 in an account.

Transfers
Allowed on each policy anniversary between any of the crediting methods. Minimum transfer amount is $2,000.

Withdrawal Provisions

Market Value Adjustment Applies when surrender charges are imposed. Free withdrawals After the first contract year, 7% of the initial premium amount may be withdrawn each contract year without surrender charge or MVA, either systematically or as a single withdrawal. Surrender charges and MVA apply to withdrawals in excess of the penalty-free amount. Withdrawals in excess of the free withdrawal amount will permanently reduce future free withdrawals. Death benefit During first 10 contract years: 60-month payment option: EAV, paid monthly over 60 equal payments Lump-sum option: Vested EAV After first 10 contract years: Equal to the AVAnnuitization benefit On the Income Date, the AV 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 Vested EAV is available for annuitization after the fifth year if a minimum payout of five years or life is elected.

Company Founded: 1996

Good Rated Company

EquiTrust Life Insurance Company

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