Product Details
Bridge LTC Annuity
Company social profile:
Product Name
Bridge LTC Annuity
Annuity Type
FIA
Issuing Insurance Company and Ratings
EquiTrust Life Insurance Company
Ratings
Product Information
The Bridge LTC Annuity is a flexible-premium, fixed index deferred annuity with a 10 year surrender charge period, an MVA provision, multiple index account options, and a fixed account option. For Non-Qualified funds only. This annuity includes a Long-Term Care (LTC) Rider and NeverStop Wellness Program for a monthly fee and premium load.
Key Features
Premium Types: Flexible for Life of the Product
Minimum Premium: Min Single Premium: 50,000, Min Flexible Premium: 2,000
Maximum Premium: Max Premium 50+: 1,000,000
Free Look Period: 15 Days
Rate Lock Period: 60 Days
Tax-Qualified: NonQual
Rates
Effective Date: 01/07/2025
Initial Guarantee Period: N/A
Next Change: N/A
Premium Amount: $100,000 - See Notes (High-Band)
3 Year Guarantee Period Annual Yield:
Interest rate start of year 1 through end of year 3:
Current
4.05%
4.05%
Premium Amount: Min Single Premium: 50,000, Min Flexible Premium: 2,000 - Max Premium 50+: 1,000,000
Current
0 Year Guarantee Period Annual Yield:
5%
Interest rate start of year 1 through end of year 0:
5%
Accumulation Value (assuming no withdrawals)
Accumulation Value (assuming no withdrawals)
Deposit Amount: $
Premium Amount: $100,000 - See Notes (Low-Band)
Maximum additional premium after Year 1: $250,000
Interest rate start of year 1 through end of year 3:
Current
4.05%
4.05%
Accumulation Value (assuming no withdrawals)
Deposit Amount: $
State Approvals
Not available in CA GU IN NY PR VI
Withdrawal Provisions
First Year Withdrawals: No
Withdrawal Years 2+: 10%
Wait Period Interest Only : 30 Days
Withdraw from the accumulation Value After : One Year
Minimum Policy Value : $2,000
Withdrawl Calculated On: Accumulation
Date For Calculation: Issue
Systematic Withdrawl: Yes
Min Withdrawl Amount: $250
Cumulative Free Withdrawl: No
Eligibility & Restrictions
Age Limits(Owner and Annuitant): Min Age Annuitant: 80, Annuitization Age: 100
Premium Limits: Maximum additional premium after Year 1: $250,000
State Restrictions: Not available in CA GU IN NY PR VI
