Oceanview Life and Annuity
Caplocktm Fixed Indexed Annuity 5 Year
Rates and specifications only. Our editorial review of this product hasn't been written yet, so there's no star rating or verdict here — the figures below come straight from the carrier's filed rates and brochure.
Type
FIA
Surrender
5 years
Top yield
1.50%
A.M. Best
A
Current Rates
Yield shown is the guaranteed yield to surrender — the honest effective return, not a first-year teaser rate. Each row is a variant of the same product.
| Strategy | Method | Rate | Cap | Par | Yield to surrender |
|---|---|---|---|---|---|
| Fixed | Fixed | 3.50% | — | — | 1.50% |
| Nasdaq-100 Annual Point-to-Point w/ Cap Rate | Point to Point | — | 8.25% | — | — |
| Nasdaq-100 Annual Point-to-Point w/ Cap Rate Guarantee | Point to Point | — | 9.00% | — | — |
| Russell 2000 Annual Point-to-Point w/ Cap Rate | Point to Point | — | 8.25% | — | — |
| Russell-2000 Annual Point-to-Point w/ Cap Rate Guarantee | Point to Point | — | 9.00% | — | — |
| S&P 500 2-Year Point-to_Point w/ Par Rate | Point to Point | — | — | 55.00% | — |
| S&P 500 Annual Point-to-Point w/ Cap Rate | Point to Point | — | 8.25% | — | — |
| S&P 500 Annual Point-to-Point w/ Cap Rate Guarantee | Point to Point | — | 9.00% | — | — |
| S&P 500 Annual Point-to-Point w/ Par Rate | Point to Point | — | — | 45.00% | — |
| S&P 500 DRC 10% Excess Return Annual Point-to-Point w/ Par Rate | Point to Point | — | — | 70.00% | — |
| S&P 500 DRC 5% Excess Return Annual Point-to-Point w/ Par Rate | Point to Point | — | — | 140.00% | — |
| S&P 500 Monthly Average w/ Cap Rate | Point to Point | — | 5.00% | — | — |
Surrender Schedule
Yr 1
9%
Yr 2
8%
Yr 3
7%
Yr 4
6%
Yr 5
5%
Product Specifications
- Minimum premium (non-qualified)
- $20,000
- Minimum premium (qualified)
- $20,000
- Maximum issue age
- 89
- Free withdrawal
- 10%
- Market value adjustment
- Yes
- Return of premium
- No
- States available
- 48 states
Carrier Brochure
Rates are a snapshot and change frequently. Figures are sourced from the carrier's filed rates via Annuity Rate Watch and refreshed nightly. Nothing here is a recommendation to buy. Annuities are issued by insurance companies and are not guaranteed by any bank or the FDIC. See our legal & disclosures.