Equitrust Life Variable Account Sample Contracts

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FUND PARTICIPATION AGREEMENT AMENDMENT NO. 1
Fund Participation Agreement • September 27th, 2001 • Equitrust Life Variable Account • New York
PARTICIPATION AGREEMENT
Participation Agreement • September 27th, 2001 • Equitrust Life Variable Account • Ohio
RECITALS
Shareholder Services Agreement • April 29th, 2005 • Equitrust Life Variable Account
REINSURANCE AGREEMENT (hereinafter called this Agreement)
Reinsurance Agreement • April 29th, 2003 • Equitrust Life Variable Account
SALES AGREEMENT
Sales Agreement • June 17th, 1998 • Equitrust Life Variable Account • Iowa
AMENDED AND RESTATED PARTICIPATION AGREEMENT Among VARIABLE INSURANCE PRODUCTS FUNDS, FIDELITY DISTRIBUTORS CORPORATION and EQUITRUST LIFE INSURANCE COMPANY
Participation Agreement • May 19th, 2008 • Equitrust Life Variable Account • Massachusetts

THIS AMENDED AND RESTATED AGREEMENT (“Agreement”), made and entered into as of the 1st day of May, 2008 by and among EQUITRUST LIFE INSURANCE COMPANY, (hereinafter the “Company”), an Iowa corporation, on its own behalf and on behalf of each segregated asset account of the Company set forth on Schedule A hereto as may be amended from time to time (each such account hereinafter referred to as the “Account”); and FIDELITY DISTRIBUTORS CORPORATION (hereinafter the “Underwriter”), a Massachusetts corporation; and each of VARIABLE INSURANCE PRODUCTS FUND, VARIABLE INSURANCE PRODUCTS FUND II, VARIABLE INSURANCE PRODUCTS FUND III, VARIABLE INSURANCE PRODUCTS FUND IV and VARIABLE INSURANCE PRODUCTS FUND V, each an unincorporated business trust organized under the laws of the Commonwealth of Massachusetts (each referred to hereinafter as the “Fund”).

ARTICLE I 1. DEFINITIONS
Fund Participation Agreement • September 27th, 2001 • Equitrust Life Variable Account • Delaware
PARTICIPATION AGREEMENT
Participation Agreement • May 19th, 2008 • Equitrust Life Variable Account • Massachusetts

THIS AGREEMENT, dated as of the 1st day of April, 2008 by and among EQUITRUST LIFE INSURANCE COMPANY (the “Company”), an Iowa life insurance company, on its own behalf and on behalf of each segregated asset account of the Company set forth on Schedule A hereto as may be amended from time to time (each separate account hereinafter referred to as the “Account”), DWS VARIABLE SERIES I and DWS VARIABLE SERIES II (individually, a “Fund”), each a Massachusetts business trust created under a Declaration of Trust, as amended, DWS SCUDDER DISTRIBUTORS, INC. (the “Underwriter”), a Delaware corporation, and DEUTSCHE INVESTMENT MANAGEMENT AMERICAS INC., a Delaware corporation (the “Adviser”). The parties agree that a single document is being used for ease of administration and that this Agreement shall be treated as if it were a separate agreement with respect to each Fund, and each series thereof, that is a party hereto, severally and not jointly, as if such entity had entered into a separate agr

WITNESSETH
Paying Agent Agreement • April 26th, 2001 • Equitrust Life Variable Account
WITNESSETH:
Wholesaling Agreement • June 17th, 1998 • Equitrust Life Variable Account • Iowa
WITNESSETH
Underwriting Agreement • April 26th, 2001 • Equitrust Life Variable Account • Iowa
Rule 22c-2 Shareholder Information Agreement Related to Variable Insurance Products
Shareholder Information Agreement • April 27th, 2007 • Equitrust Life Variable Account

SHAREHOLDER INFORMATION AGREEMENT entered into as of April 16, 2007 by and between the Fidelity Distributors Corporation (the “Underwriter”) and the Company with an effective date of October 16, 2007 (the “Agreement”).

Shareholder Information Agreement Franklin Templeton Variable Insurance Products Trust
Shareholder Information Agreement • April 27th, 2007 • Equitrust Life Variable Account

This Shareholder Information Agreement (“Agreement”) is entered into as of April 16, 2007, and is among Franklin/Templeton Distributors, Inc. (“Distributors”) on behalf of each Fund, as defined below, and the Intermediary, as defined below. Unless otherwise specified, capitalized terms have the meaning set out under “Definitions,” below.

AMENDMENT TO FUND PARTICIPATION AGREEMENT
Fund Participation Agreement • April 27th, 2007 • Equitrust Life Variable Account

The insurance company executing this Amendment, EquiTrust Life Insurance Company (“Insurance Company”), and J.P. Morgan Series Trust H (the “Trust”), on behalf of itself and each of its series (each a “Fund”, collectively, the “Funds”), hereby agree to amend the Fund Participation Agreement dated September 14, 2001, to which they are parties (the “Agreement”), as of April 16, 2007, by adding the following provisions effective as of October 16, 2007, as mandated by Rule 22c-2 of the Investment Company Act of 1940 (the “Investment Company Act”). This Amendment supplements the Agreement; to the extent terms of this Amendment conflict with the terms of the Agreement, the terms of this Amendment shall control.

Supplemental Agreement
Supplemental Agreement • April 27th, 2007 • Equitrust Life Variable Account • New York

This Supplemental Agreement is entered into as of April 16, 2007 by and between Dreyfus Service Corporation (“Dreyfus”) on its behalf, and/or on behalf of one or more funds for which it serves as principal underwriter, and the undersigned (the “Intermediary”).

AMENDMENT NO. 2 TO SHAREHOLDER SERVICES AGREEMENT
Shareholder Services Agreement • April 28th, 2006 • Equitrust Life Variable Account

THIS AMENDMENT NO. 2 TO SHAREHOLDER SERVICES AGREEMENT (“Amendment”) effective as of , by and between FARM BUREAU LIFE INSURANCE COMPANY (the “Company”) and AMERICAN CENTURY INVESTMENT SERVICES, INC. (“Distributor”). Capitalized terms not otherwise defined herein shall have the meaning ascribed to them in the Agreement (defined below).

SHAREHOLDER INFORMATION AGREEMENT
Shareholder Information Agreement • April 27th, 2007 • Equitrust Life Variable Account

THIS AGREEMENT (the “Agreement”) is made and entered into as of April 16, 2007, or such other compliance date mandated by Rule 22c-2 under the Investment Company Act of 1940 (“Rule 22c-2”), whichever is later, by and between AMERICAN CENTURY INVESTMENT SERVICES, INC. (“ACIS”), and EquiTrust Life Insurance Company (the “Intermediary”).

AMENDMENT NO. 1 TO PARTICIPATION AGREEMENT
Participation Agreement • April 28th, 2006 • Equitrust Life Variable Account

THIS AMENDMENT NO. 1 TO PARTICIPATION AGREEMENT (“Amendment”) effective as of , by and between FARM BUREAU LIFE INSURANCE COMPANY (the “Company”) and AMERICAN CENTURY INVESTMENT SERVICES, INC. (“Distributor”). Capitalized terms not otherwise defined herein shall have the meaning ascribed to them in the Agreement (defined below).

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Contract
Shareholder Information Agreement • April 27th, 2007 • Equitrust Life Variable Account • Illinois

This Agreement is made as of April 16, 2007, or such other compliance date mandated by Rule 22c-2 of the Investment Company Act of 1940 (“Rule 22c-2”), which ever shall last occur, by and between T. Rowe Price Services, Inc. (“Services”), T. Rowe Price Investment Services, Inc., (“Investment Services”) (collectively “T. Rowe Price”) and EquiTrust Life Insurance Company (the “Intermediary”).

Rule 12b-1 Related Agreement
Related Agreement • May 20th, 2008 • Equitrust Life Variable Account

This letter will confirm our understanding and agreement with respect to payments to be made to you, as distributor and underwriter of certain variable annuity and variable life insurance contracts (“Contracts”) issued by your affiliate EquiTrust Life Insurance Company (“Insurer”), pursuant to a Distribution Plan (the “Plan”) adopted by Summit Mutual Funds, Inc. (the “Corporation”), on behalf of each class of shares of the Corporation (“Fund”) set forth on Schedule A, pursuant to Rule 12b-1 under the Investment Company Act of 1940, as amended (the “Act”). The Funds are offered pursuant to a participation agreement, dated September 19, 2001 and amended effective as of May 1, 2008, under which the Fund has agreed to make shares of certain Funds available for purchase by one or more of the Insurer’s separate accounts or divisions thereof, in connection with the allocation by Contract owners of purchase payments to corresponding investment options offered under the Contracts. The Plan and

SERVICE AGREEMENT
Service Agreement • May 19th, 2008 • Equitrust Life Variable Account • Massachusetts

This Agreement is entered into effective as of the 1st day of October, 2007, by and between FIDELITY INVESTMENTS INSTITUTIONAL OPERATIONS COMPANY, INC. (“FIIOC”) and FARM BUREAU LIFE INSURANCE COMPANY (“Company”).

AMENDMENT NO. 1 TO PARTICIPATION AGREEMENT
Participation Agreement • April 30th, 2008 • Equitrust Life Variable Account

THIS AMENDMENT NO. 1 TO PARTICIPATION AGREEMENT (“Amendment”) effective as of April 1, 2004, by and between EQUITRUST LIFE INSURANCE COMPANY (the “Company”) and AMERICAN CENTURY INVESTMENT SERVICES, INC. (“Distributor”). Capitalized terms not otherwise defined herein shall have the meaning ascribed to them in the Agreement (defined below).

AMENDMENT NO. 2 TO SHAREHOLDER SERVICES AGREEMENT
Shareholder Services Agreement • April 30th, 2008 • Equitrust Life Variable Account

THIS AMENDMENT NO. 2 TO SHAREHOLDER SERVICES AGREEMENT (“Amendment”) effective as of April 28, 2006, by and between EQUITRUST LIFE INSURANCE COMPANY (the “Company”) and AMERICAN CENTURY INVESTMENT SERVICES, INC. (“Distributor”). Capitalized terms not otherwise defined herein shall have the meaning ascribed to them in the Agreement (defined below).

Milwaukee, Wisconsin 53202 Rule 22c-2 Shareholder Information Agreement
Shareholder Information Agreement • April 27th, 2007 • Equitrust Life Variable Account • Iowa

This Rule 22c-2 Shareholder Information Agreement (“Agreement”) is entered into as of April 16, 2007, with an effective date of April 16, 2007, between U.S. Bancorp Fund Services, LLC (“USBFS”), a Wisconsin limited liability company, Summit Investment Partners, Inc. (“SIP”), an Ohio corporation, and EquiTrust Life Insurance Company, a stock life insurance company established under the laws of the State of Iowa (“Intermediary”).

WITNESSETH
Underwriting Agreement • June 17th, 1998 • Equitrust Life Variable Account • Iowa
Amendment to Participation Agreement Franklin Templeton Variable Insurance Products Trust Franklin/Templeton Distributors, Inc. EquiTrust Life Insurance Company
Participation Agreement • May 19th, 2008 • Equitrust Life Variable Account

The participation agreement, dated as of September 7, 2001, by and among Franklin Templeton Variable Insurance Products Trust, Franklin/Templeton Distributors, Inc. and EquiTrust Life Insurance Company (the “Agreement”) is hereby amended as follows:

Services Agreement
Services Agreement • May 20th, 2008 • Equitrust Life Variable Account

This letter will confirm our understanding and agreement with respect to payments to be made to you, as distributor and underwriter of certain variable annuity and variable life insurance contracts (“Contracts”) issued by your Company (“Insurer”), pursuant to a Distribution and Shareholder Services Plan (the “Plan”) adopted by EquiTrust Variable Insurance Series Fund (the “Fund”), on behalf of the Service Class Shares of the portfolios of the Fund (“Portfolios”), pursuant to Rule 12b-1 under the Investment Company Act of 1940, as amended (the “1940 Act”). The Portfolios are offered pursuant to a participation agreement, dated January 15, 2007, under which the Fund has agreed to make shares of the Portfolios available for purchase by one or more of the Insurer’s separate accounts or divisions thereof, in connection with the allocation by Contract owners of purchase payments to corresponding investment options offered under the Contracts.

UNDERWRITING AGREEMENT
Underwriting Agreement • May 19th, 2008 • Equitrust Life Variable Account • Iowa

UNDERWRITING AGREEMENT made this 26th day of April, 2001, as amended and restated this 17th day of August, 2007, by and between EquiTrust Life Insurance Company (“ETLIC”), an Iowa corporation, on its own behalf and on behalf of EquiTrust Life Variable Accounts I and II and EquiTrust Life Annuity Accounts I and II (“Accounts”), and EquiTrust Marketing Services, LLC (“EquiTrust Marketing”), a Delaware limited liability company.

Amendment to Participation Agreement Franklin Templeton Variable Insurance Products Trust Franklin/Templeton Distributors, Inc. EquiTrust Life Insurance Company
Participation Agreement • May 20th, 2008 • Equitrust Life Variable Account

Franklin Templeton Variable Insurance Products Trust (the “Trust”), Franklin/Templeton Distributors, Inc. (the “Underwriter,” and together with the Trust, “we” or “us”), EquiTrust Life Insurance Company (the “Company” or “you”), on your behalf and on behalf of certain Accounts, have previously entered into a Participation Agreement dated September 7, 2001, as amended (the “Agreement”). The parties now desire to amend the Agreement by this amendment (the “Amendment”).

AMENDMENT TO THE PARTICIPATION AGREEMENT BY AND AMONG SUMMIT MUTUAL FUNDS, INC., CARILLON INVESTMENTS, INC., EQUITRUST LIFE INSURANCE COMPANY, ON BEHALF OF ITSELF AND ITS SEPARATE ACCOUNTS, AND EQUITRUST MARKETING SERVICES, LLC
Participation Agreement by And • April 30th, 2008 • Equitrust Life Variable Account

This is an Amendment to the Participation Agreement entered into on the 19th day of September, 2001 (“Agreement”), by and among Summit Mutual Funds, Inc. (“SMFI”), Carillon Investments, Inc. (“Carillon”), EquiTrust Life Insurance Company, on behalf of itself and its separate accounts (“LIFE COMPANY”), and EquiTrust Marketing Services, LLC.

AMENDMENT TO THE ADMINISTRATIVE SERVICES AGREEMENT BETWEEN EQUITRUST LIFE INSURANCE COMPANY AND SUMMIT INVESTMENT PARTNERS, INC.
Administrative Services Agreement • April 30th, 2008 • Equitrust Life Variable Account

This is an Amendment to the Administrative Services Agreement (“Agreement”) entered into on the 19th day of September, 2001 (“Agreement”) between EquiTrust Life Insurance Company (“INSURER”) and Summit Investment Partners, Inc. (“Summit”).

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