Oceanview Life Harbourview 6
Current Fixed Rates
| 5.35% | $100,000 | — | $1,000,000 |
| 5.35% | $70,000 | — | $99,999 |
| 5.00% | $20,000 | — | $69,999 |
The Oceanview Life Harbourview 6 is a six-year annuity offering guaranteed returns and 10% liquidity beginning in year two. After six years, the account value (principal + interest) is completely liquid and available for withdrawal, reinvestment, or transfer. If no action is taken at renewal, then a new 6-year term begins with a new surrender schedule.
There are three rate bands available. Currently, lower rates are available for deposits between $20K – $69.9K. Qualified and non-qualified funds are accepted and accounts can be established for most corporations. All interest rates are .10% lower for accounts originating in California. The full accumulated annuity account value is available at death.
More Annuity options from: Oceanview Life
Notable Features
This annuity requires a $70,000 initial deposit to receive the highest rate. A lower rate is available on deposits between $20K and $70K. Contract continuation options are available for surviving spouses who do not want to surrender the policy before maturity.
Additional Details
Product Type
MYGA (Multi-Year Guaranteed Annuity)
Term
6 Years
Free Withdrawals Yr1 / Yr2+
0% / 10%
Surrender Schedule
9%, 8%, 7%, 6%, 5%, 4%, 0%
Maximum Age
84
Minimum Investment
$70,000
Maximum Investment
$1,000,000 without prior approval
What We Like About This Annuity
This is a competitive five-year annuity offered by an A rated company. The contract allows for 10% withdrawals in years 2-5 and has no surrender penalties upon passing. Several different qualified and corporate accounts are accepted.
Other Popular Products
Oceanview offers competitive fixed-indexed annuities with high first year fixed rates. These indexed annuities have several sought-after investment options using the Nasdaq, S&P 500 and Russell 2000.
About Oceanview Life
Oceanview Life
AM Best Rating: A Excellent (3rd of 13 ratings)
https://oceanviewlife.com/
About Oceanview Life And Annuity
Oceanview Life is a consumer-focused insurance company specializing in fixed and indexed annuities. They boast a solid balance sheet and an Excellent A rating from AM Best.
Their annuity policies are designed to provide growth and income for those wanting a secure and stable retirement. Consumers can purchase and invest in Oceanview’s annuities through independent agents, banks, and other financial institutions.
Oceanview’s core mission is to provide competitive and simple investment products for conservative investors looking to mitigate the risk of loss. Their insurance products are designed with simplicity and transparency in mind for consumers across the country.