Company Information
Company Name
Oceanview Life
Product Name
Oceanview Life Harbourview 2
Description
This short term two-year annuity offers competitive returns and ample liquidity to consumers. Deposits are protected against and can grow tax-deferred for the duration of the contract. At maturity, the entire value is completely liquid for withdrawal, reinvestment, or transfer.
AM Best Rating
A
URL
Product Type
MYGA (Multi-Year Guaranteed Annuity)
Free Withdrawals Yr1 / Yr2+
0% / 10%
Rate
4.90%
Term
2 Years
Minimum Investment
$ 70,000
Maximum Investment
$1,000,000 without prior approval
Maximum Age
89
Surrender Schedule
9%, 8%, 0%
What We Like About This Annuity
Short two year annuity is offered by an A rated company. Contract allows for 10% withdrawals after year 1 and a full, surrender-free value at death. Qualified deposits are accepted.
Notable Features
This annuity requires an $80,000 initial deposit to receive the highest rate. A lower rate is available in deposits between $20K and $80K. Spousal continuations options are available for surviving spouses.
Other Popular Products
Oceanview offers competitive fixed-indexed annuities with high first year fixed rates. Thes indexed annuities have several sought after investment options using the Nasdaq, S&P 500 and Russell 2000.
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About Oceanview Life And Annuity
Oceanview is a consumer-focused insurance company that specializes in fixed and indexed annuities. It boasts a solid balance sheet and a desirable A rating from AM Best.
Its products are designed to provide growth and income for those looking for a secure and stable retirement. Their mission is to provide competitive and simple investment products for conservative investors looking to mitigate the risk of loss.