Certainty Select
Farmers Life Insurance Company
5.3%
10-yr guarantee
50
Jurisdictions
Live product data
Rates as of May 29, 2026, based on the latest AdvisorWorld scan of CANNEX data.
Lead-term guaranteed rate
5.3% guaranteed for 10 years
An EquiTrust MYGA filed across 49 states plus DC (excludes New York), offering an unusually wide menu of 3-, 5-, 6-, 8-, and 10-year guaranteed terms on a 10-year surrender ladder, with nursing-home and terminal-illness surrender-charge waivers and a multi-agency carrier financial-strength view.
Best fit
Safety-first buyers who want a flat declared rate locked for a defined term, value off-cycle 6- and 8-year ladder points that the standard 5/7/10 menu does not offer, and prefer the broader filing footprint (49 states plus DC, outside New York) and named life-event waivers this filing carries.
AM Best
B++ Good
Surrender period
10 years
Free withdrawal
0%/yr
Availability
50 jurisdictions (excl. New York)
Product analyst notes
How to think about this contract
Why it can stand out
- Five guaranteed terms under one filing — 3, 5, 6, 8, and 10 years — including off-cycle 6- and 8-year ladder points that most MYGA shelves do not publish.
- Filed across 49 states plus DC (excludes New York) — one of the broader-distributed MYGA filings on the EquiTrust shelf.
- Two published surrender-charge waivers — nursing-home confinement and terminal illness — give a buyer named exits from the surrender schedule for life events most likely to force an early withdrawal.
- Carrier carries an A.M. Best rating and an additional S&P financial-strength view, so a buyer locking principal for the full 10-year term can verify the strength view across more than one agency rather than relying on a single source.
What to confirm
- The live feature feed does not publish a standing annual free-withdrawal allowance for this filing — buyers should not assume penalty-free liquidity is available before the surrender period ends, and should rely on the named waivers (nursing home, terminal illness) for early exits.
- The surrender-charge ladder runs the full 10 years, starting in the high single digits in year one and stepping down to a fractional charge in the final year — an unplanned early exit carries a real cost.
- Posted rates assume a specific premium-band and issue-age scenario; deposits in lower or higher bands may earn a different guaranteed rate, so the headline does not apply universally — verify the rate for the actual deposit size before signing.
- Carrier financial-strength is rated A.M. Best B++ (Good) — solid but a notch below the A-range scores carried by some larger MYGA competitors; the S&P view provides additional context but does not lift the A.M. Best tier.
Not ideal for
Buyers who need a published annual free-withdrawal allowance for planned liquidity, want market-linked upside through index crediting, want a guaranteed-lifetime-withdrawal income rider, or require a carrier financial-strength rating above the B++ tier.
Guaranteed Rates by Term
| Term | Guaranteed Rate |
|---|---|
| 3-Year | 4.8% |
| 5-Year | 5.05% |
| 6-Year | 5.35% |
| 8-Year | 5.4% |
| 10-Year | 5.3% |
Key Features
Free withdrawal
0%/yrAnnual amount that may be available without surrender charges, subject to contract terms.
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
Yr 1
9%
Yr 2
8%
Yr 3
7%
Yr 4
6.5%
Yr 5
5.5%
Yr 6
4.5%
Yr 7
3.5%
Yr 8
2.5%
Yr 9
1.5%
Yr 10
0.5%
After
0%
Nursing home waiver, Terminal illness waiver, Surrender waivers
Carrier Ratings
Free Comparison Report
Get a personalized Certainty Select illustration
See year-by-year projections for your specific age, premium, and income goals.