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Multi-Year Guaranteed Annuity

ChoiceFour (Liquidity + MVA)

EquiTrust Life Insurance Company

6.3213%

1-yr effective annual yield · 6-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 (Liquidity + MVA)

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

6.32% effective annual rate over the 1-year term

The shorter-surrender ChoiceFour Liquidity filing with a one-year rate guarantee, health-event waivers, and an MVA on applicable early exits.

CANNEX full-term yield · 1-year step scheduleAdvisorWorld + CANNEX data

Best fit

Buyers who prefer ChoiceFour's shorter liquidity-focused surrender structure and can accept both annual rate resets and MVA exposure.

Available guarantee terms

1 year

AM Best

B++ Good

Surrender period

6 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 Liquidity Option filing uses a shorter surrender schedule than the base ChoiceFour contract and includes an annual free-withdrawal allowance.
  • Nursing-home and terminal-illness waivers provide additional access for qualifying events.

What to confirm

  • The credited rate is guaranteed for one year rather than for the full surrender schedule, so buyers carry renewal-rate risk.
  • This liquidity-focused filing still applies a market value adjustment to applicable early withdrawals; the no-MVA Liquidity filing is the cleaner comparison for buyers prioritizing exit certainty.

Not ideal for

Buyers who want a multi-year rate lock or who need the Liquidity Option without a market value adjustment.

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Guaranteed Rates by Term

TermSurrender termPublished rate
1-Year6-Year schedule6.3213%Effective annual rate · full term6.3213% first year · 4.75% renewal

Key Features

Free withdrawal

10%/yr

Annual amount that may be available without surrender charges, subject to contract terms.

Surrender waivers

2

Nursing home waiver, Terminal illness waiver

Death benefit

Standard Death Benefit

Beneficiary value depends on contract terms, withdrawals, and rider elections.

Annuitization options

Single and joint

Contract conversion options should be confirmed before purchase.

Fund types

Non-qualified, Qualified

Availability can vary by state and product terms.

Surrender Schedule

6-Year Version

Yr 1

9%

Yr 2

8%

Yr 3

7%

Yr 4

6.5%

Yr 5

5.5%

Yr 6

4.5%

After

0%

Nursing home waiver, Terminal illness waiver, Surrender waivers

Carrier Ratings

AM BestB++
S&PA-
S&PA-

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