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Multi-Year Guaranteed Annuity

ChoiceFour (MVA)

EquiTrust Life Insurance Company

6.8288%

1-yr guarantee

10%

Free W/D

50

Available jurisdictions

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Run live numbers for ChoiceFour (MVA)

Current 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 July 17, 2026, from AdvisorWorld and CANNEX.

1-year guaranteed rate

6.83% guaranteed for 1 years

The MVA version of ChoiceFour's standard chassis, with a one-year rate guarantee, a longer surrender schedule, and health-event waivers.

Locked rate · 1-year termAdvisorWorld + CANNEX data

Best fit

Buyers who expect to hold through the standard ChoiceFour surrender period and are comfortable with annual rate resets and MVA exposure.

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 contract includes annual free withdrawals plus nursing-home and terminal-illness waivers for qualifying access needs.
  • Its contract structure is straightforward: the standard ChoiceFour surrender chassis with an MVA and no separate liquidity rider.

What to confirm

  • The credited rate is guaranteed for one year, while surrender charges continue longer; later renewal rates can change.
  • Applicable early withdrawals can face a market value adjustment as well as surrender charges, and this contract does not include the shorter Liquidity Option structure.

Not ideal for

Buyers seeking the shorter Liquidity filing, a no-MVA exit structure, or a rate lock matching the full surrender term.

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Guaranteed Rates by Term

TermGuaranteed Rate
1-Year6.8288%

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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See how ChoiceFour (MVA) compares for your age, state, premium, and income goals alongside other EquiTrust Life Insurance Company MYGA options.