Oceanview Life

Financial Ratings

A.M. Best A-Excellent

About Oceanview Life

Oceanview Life and Annuity Company is a U.S.-based insurance company that specializes in offering competitive fixed annuity products, including the Harbourview Multi-Year Guaranteed Annuity. Backed by the investment experience of its asset management partner, Bayview Asset Management, Oceanview provides clients with retirement solutions focused on principal protection, guaranteed returns, and tax-deferred growth. As of November 2020, Bayview oversaw approximately $16 billion in assets under management. Oceanview Life and Annuity operates nationally (except where limited by state availability) and conducts business in California under the name Oceanview Life and Annuity Insurance Company.

Product Lineup

CapLock Fixed Indexed Annuity

Fixed Indexed Annuity

Fixed Indexed Annuity with Cap Rate Locked for Full Term

Locked Cap Rate5 or 7 years

Principal Protection100% protection from market downturns

Index-Linked GrowthPotential for 5-7% annual returns depending on cap rate and index performance

Free Partial Withdrawals10% annually, minimum $250

Best for: Individuals 50-85+ years old with moderate risk tolerance who want predictable, ...

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Harbourview Fixed Indexed Annuity

Fixed Indexed Annuity

Protected Growth. Market Upside. Guaranteed Peace of Mind.

Principal Protection100% principal guaranteed

Index-Linked Growth9 crediting strategies available

Free Partial Withdrawals10% annual access, $250 minimum

Flexible Crediting StrategiesReallocate annually to different strategies

Best for: Retirees and near-retirees seeking principal protection, moderate growth potenti...

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Harbourview Multi-Year Guaranteed Annuity

Multi-Year Guaranteed

Guaranteed growth with fixed rates for 3, 5, 7, or 10 years

Guaranteed Interest Rates3, 5, 7, or 10-year guarantee periods

Principal Protection100% principal guarantee

Tax-Deferred GrowthNo annual tax drag on growth

Free Withdrawal Option10% free annually after year 1

Best for: Retirees and near-retirees who want to protect assets from market volatility, en...

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LunarLock MYGA

Multi-Year Guaranteed

Guaranteed growth with tax-deferred compounding - market protection included

Guaranteed GrowthRate guaranteed for chosen term length

Market ProtectionZero market risk

Tax DeferralUp to 33% more growth over 30 years vs taxable accounts

Term Options3, 5, or 7 year terms available

Best for: People who want guaranteed growth without market risk and don't need immediate a...

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Sky Harbourview Multi-Year Guaranteed Annuity

Multi-Year Guaranteed

Guaranteed rates, protected principal, tax-deferred growth

Principal Protection

Guaranteed Interest RatesMinimum 1% guaranteed

Guarantee Period Options3, 5, 7, or 10 years

Free Partial Withdrawals10% annually, minimum $250

Best for: Retirees and near-retirees who want guaranteed, predictable growth and principal...

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Financial Ratings

Live from CANNEX

Rating Agency

A.M. Best

Rating

Description

Excellent

Effective

November 1, 2023

Rating Analysis

An “A- (Excellent)” rating by A.M. Best is the fourth highest of 16 possible ratings. It indicates that the insurer has an excellent ability to meet its ongoing insurance obligations. A company with this rating is considered to have a strong financial foundation, prudent risk controls, and a solid reputation for honoring contractual guarantees. The “positive outlook” attached to the rating further suggests that A.M. Best believes the company’s financial strength and overall performance may improve over time, assuming favorable business trends continue.