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Multi-Year Guaranteed Annuity

ChoiceFour (MVA)

Farmers Life Insurance Company

6.575%

1-yr guarantee

10%

Free W/D

50

Jurisdictions

Free withdrawal

10%/yr

Availability

50 jurisdictions (excl. New York)

Surrender period

9 years

Guaranteed Rates by Term

TermGuaranteed Rate
1-Year6.575%

Key Features

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

Yr 1

12%

Yr 2

11%

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

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

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