Market Shield Plus is a single premium deferred annuity with fixed and index-linked options. It helps to build long-term savings by earning interest as the market increases, while protecting the principal during periods of decline. Funds grow on a tax-deferred basis, too.


  • Helps to maximize growth and minimize risk
  • Tax-deferred growth
  • Nursing Home Rider included with base contract at no additional cost (for Issue Ages 0-74)
  • Optional Income Benefit Rider available to provide pension-like income with having to annuitize available at an additional cost

Product Details

  • Issue Ages: 0-80
  • Minimum Single Premium: $10,000

Fixed and Index-Linked Allocations

There are three allocation options from which you can choose:

Fixed Allocation – Funds in the Fixed Allocation are credited interest every day based on the current fixed interest rate for that day. This allocation offers added security – the current fixed rate will never be less than the guaranteed minimum fixed rate.

S&P 500® Annual Point-to-Point Index with Cap – At the end of each allocation period, funds in this allocation will be credited interest based on the change between the index price on the first day of the allocation period and the index price on the last day of the allocation period, up to the cap. Earnings will never be less than zero. The Cap is declared at the beginning of each Index Allocation Period.

S&P 500® Annual Point-to-Point Index with Participation Rate – At the end of each allocation period, funds in this allocation will be credited interest based on the change between the index price on the first day of the allocation period and the index price on the last day of the allocation period, multiplied by the specified participation rate. Earnings will never be less than zero. The Participation Rate is declared at the beginning of each Index Allocation Period.

Track the S&P 500

The S&P 500 Index is a product of S&P Dow Jones Indices LLC (“SPDJI”), and has been licensed for use by Interstate Life Insurance Company. Standard & Poor’s®, S&P® and S&P 500® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Interstate Life Insurance Company. Interstate Life Insurance Company’s Market Shield Plus is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500 Index.

The information presented herein is not a complete description of Interstate Life’s products. For more information, including whether or not a product is approved for sale in your state, please contact the Home Office.

Contact Marketing Admin

Phone: (800) 233-3750
ext. 506

Fax: (847) 520-7651

Email Marketing Admin