Product Details
SmartBoost Index
Company social profile:
Product Name
SmartBoost Index
Annuity Type
FIA
Issuing Insurance Company and Ratings
EquiTrust Life Insurance Company
Ratings
Product Information
SmartBoost Index is a single-premium, fixed index deferred annuity with a patent-pending, no-fee, built-in “BOOST” via an Enhanced Accumulation Value. No additional premiums are accepted after issue. Product contains a fixed-rate account and a variety of index accounts. The 40% BOOST vests annually over a 10-year period
Key Features
Premium Types: Single
Minimum Premium: 10,000
Maximum Premium: 2,000,000
Free Look Period: 10 Days
Rate Lock Period: 60 Days
Tax-Qualified: N/A
Rates
Effective Date: 06/08/2025
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: 10,000 - 2,000,000
Current
0 Year Guarantee Period Annual Yield:
4.5%
Interest rate start of year 1 through end of year 0:
4.5%
Accumulation Value (assuming no withdrawals)
Accumulation Value (assuming no withdrawals)
Deposit Amount: $
Premium Amount: $100,000 - See Notes (Low-Band)
Flexible Premiums Not Accepted
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
N/A
Withdrawal Provisions
First Year Withdrawals: No
Withdrawal Years 2+: 7%
Wait Period Interest Only : 1 Year
Withdraw from the accumulation Value After : One Year
Minimum Policy Value : $2,000
Withdrawl Calculated On: N/A
Date For Calculation: N/A
Systematic Withdrawl: Yes
Min Withdrawl Amount: $250
Cumulative Free Withdrawl: No
Eligibility & Restrictions
Age Limits(Owner and Annuitant): 80
Premium Limits: Flexible Premiums Not Accepted
State Restrictions: Not available in CA GU NY PR VI
