ChoiceFour (Base contract)
EquiTrust Life Insurance Company
5.25%
1-yr guarantee · 9-yr surrender schedule · $10,000+ premium
10%
Free W/D
50
Available jurisdictions
Rates as of August 6, 2026. CANNEX via AdvisorWorld; confirm rates and state availability before purchase.
Product analyzer
Run numbers for ChoiceFour (Base contract)
guaranteed rates, terms, state availability, surrender details, and contract facts stay scoped to this EquiTrust Life Insurance Company product.
Live product data
Rates as of August 6, 2026, from AdvisorWorld and CANNEX.
1-year guaranteed rate
5.25% guaranteed for 1 years
The no-MVA base ChoiceFour filing from EquiTrust, combining a one-year rate guarantee with a longer surrender schedule and standard health-event waivers.
Best fit
Buyers who want the base ChoiceFour structure without an MVA or added liquidity rider and can accept annual renewal-rate changes.
Available guarantee terms
1 year
AM Best
B++ Good
Surrender period
9 years
Free withdrawal
10%/yr
Availability
50 jurisdictions (excl. New York)
Product analyst notes
How to think about this contract
Why it can stand out
- The base filing has no market value adjustment, keeping early-exit costs limited to the published surrender schedule after the free allowance.
- Nursing-home and terminal-illness waivers add defined access for qualifying life events.
What to confirm
- The current credited rate is guaranteed for one year, while surrender charges continue longer; renewal rates can change after the opening period.
- The base contract carries the longer ChoiceFour surrender structure and does not include the separate Liquidity Option rider available on other filings.
Not ideal for
Buyers who need the opening rate locked for the full surrender period or want the shorter liquidity-focused ChoiceFour chassis.
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Guaranteed Rates by Term
| Term | Surrender term | Published rate |
|---|---|---|
| 1-Year | 9-Year schedule | 5.25%Rate convention not stated |
Key Features
Surrender waivers
2Nursing home waiver, Terminal illness waiver
Death benefit
Standard Death BenefitBeneficiary value depends on contract terms, withdrawals, and rider elections.
Annuitization options
Single and jointContract conversion options should be confirmed before purchase.
Fund types
Non-qualified, QualifiedAvailability can vary by state and product terms.
Surrender Schedule
9-Year Version
Yr 1
10%
Yr 2
10%
Yr 3
10%
Yr 4
9%
Yr 5
8%
Yr 6
7%
Yr 7
6%
Yr 8
4%
Yr 9
2%
After
0%
Nursing home waiver, Terminal illness waiver, Surrender waivers
Carrier Ratings
Free Comparison Report
Get a ChoiceFour (Base contract) rate report
See how ChoiceFour (Base contract) compares for your age, state, premium, and income goals alongside other EquiTrust Life Insurance Company MYGA options.