6.8288%
1-yr effective annual yield · 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 (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
6.83% effective annual rate over the 1-year term
The MVA version of ChoiceFour's standard chassis, with a one-year rate guarantee, a longer surrender schedule, and health-event waivers.
Best fit
Buyers who expect to hold through the standard ChoiceFour surrender period and are comfortable with annual rate resets and MVA exposure.
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 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
| Term | Surrender term | Published rate |
|---|---|---|
| 1-Year | 9-Year schedule | 6.8288%Effective annual rate · full term6.8288% first year · 5.25% renewal |
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
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
Free Comparison Report
Get a ChoiceFour (MVA) rate report
See how ChoiceFour (MVA) compares for your age, state, premium, and income goals alongside other EquiTrust Life Insurance Company MYGA options.