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RATE & PORTFOLIO CHANGE
for EquiTrust Annuities
Effective Friday, August
12, 2011.
Interest rates have
taken a dramatic turn
downward. As a result,
rates will be changing
and sales for two
products will
be temporarily
suspended.
We are temporarily
suspending sales of
MarketSeven Index,
and the fixed-payout
periods between
5 and 9 years
on
Confidence Income
Annuity
(SPIA). Confidence
Income 10 to 20
year fixed periods and
life-payout options are
still available.
Previously issued
contracts for
MarketSeven Index and
Confidence Income remain
in force and are not
impacted.
The rate change is
effective Friday, August
12, 2011. Current
rates are applied to
business received on or
before Thursday, August
11, 2011, subject to a
60-day rate hold.
Please note: Faxed
applications must be
received at EquiTrust by
5:00 PM (Central) on
Thursday, August 11th
AND
ORIGINAL application
paperwork must be
received by Friday,
August 12th.
Click here to see
the All Product Summary for
all EquiTrust annuities,
dated August 12, 2011.
Daily updates of the All
Product Summary are
available on the
EquiTrust agent website
EquiTrust.com, at
the "Products" link.
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