EquiTrust Life Insurance Company Review
EquiTrust Life Insurance Company was founded in 1966 and offers competitive annuity solutions for those who are approaching or already in retirement. EquiTrust was recognized among the “Wards 50” of top life and health insurance companies for the seventh consecutive year in 2022,
Assets & Liabilities
Capital and Surplus: $1,747,356,219
Assets to Liability Ratio: 107.42%
The ratings reflect current independent opinions of the Company’s financial capacity to meet the obligations of its contracts. They are based on quantitative and qualitative evaluations of EquiTrust and its management strategy.
Compare EquiTrust Annuity Rates to other top annuity companies.
An annuity is categorized as “fixed” by the fact that the contract value does not change with outside factors, such as the stock market or bond market. By contrast, a “variable” annuity’s value does fluctuate with changes in the markets.
Accumulation Fixed Annuities
Individuals seeking long-term conservative growth with the advantage of tax deferral fit the typical profile of accumulation-annuity buyers. They seek an attractive rate of return but do not wish to expose their money to value fluctuations associated with traditional equity or debt instruments (stocks, bonds, mutual funds, etc.).
Accumulation annuities vary by the way in which interest credits are applied. Interest credits may be based on a one-year renewable fixed rate, a multi-year rate that applies for several years, or on the positive results of a market index, such as the S&P 500® Index.
Accumulation annuities are differentiated by a variety of attributes, including the ability to add premium after the initial purchase, maximum issues ages, minimum premium amounts, crediting options, length of surrender-charge schedules, premium bonuses, withdrawal options, and a variety of riders.
Group Affiliation: None
State of Domicile: Illinois
NAIC Company Code: 62510
Year Founded: 1966
Frequently Asked Questions
EquiTrust has been recognized among the “Wards 50” of top life and health insurance companies for eight consecutive years. Based on their capital and solvency ratio Equitrust has also earned high ratings from insurance rating agencies.
Magic Johnson Enterprises – comprised of multiple business entities and partnerships – acquired a controlling interest in EquiTrust in 2015.
Click this link to access your EquiTrust Annuity Policy online.