Fixed Indexed Annuity

CapLock Fixed Indexed Annuity

Oceanview

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8.5%

Best S&P 500 Annual Cap

10%

Free W/D

Available jurisdictions

Product data status: September 22, 2026

Rates, state availability, rider terms, and contract language must be confirmed with a licensed financial advisor or insurance professional before purchase. Guarantees are backed by the issuing insurer.

Model this product

See what CapLock Fixed Indexed Annuity would do for you

Set your numbers and switch between growth strategies and liquidity scenarios. Index losses credit 0% — the floor — so a down market never reduces your value.

Product analyzer

Illustrative — live CANNEX rates as of September 22, 2026; not a projection or guarantee.

Premium$100,000

Your age60

Surrender term

Crediting strategy

Compare against

$298,058

Est. value at age 80 (CapLock Fixed Indexed Annuity)

8.5%

Best S&P 500 1-yr point-to-point cap

S&P 500 Index — 8.25% Cap (Annual)

✦

How crediting works: the cap limits positive index returns; a down year credits 0%, never a loss. A cap strategy tracks the index within its terms. What is a cap vs participation? →

Assumptions: illustrative — applies CapLock Fixed Indexed Annuity's published cap rate (8.25% on S&P 500 Index) to a standard benchmark hypothetical index path (~5.4%/yr average, including down years) with a 0% floor over 20 years. Not a projection, quote, or guarantee. Live CANNEX rates as of September 22, 2026.

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See how CapLock Fixed Indexed Annuity compares for your age, state, premium, and income goals alongside other Oceanview fixed indexed annuity options.

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rate data

Run numbers for CapLock Fixed Indexed Annuity

rates, riders, crediting strategies, state availability, and contract facts stay scoped to this Oceanview product.

Live product data

Rates as of September 22, 2026, from AdvisorWorld and CANNEX.

S&P 500 annual point-to-point cap rate

8.5% cap on S&P 500

A multi-year-surrender fixed indexed annuity from an A-rated Oceanview Life carrier, built for index-linked accumulation across cap, participation, and monthly-sum strategies on a mix of recognizable benchmark and proprietary volatility-controlled indexes, with no income rider and no premium bonus.

1-year term7-year surrenderDoes not vary by premiumAdvisorWorld + CANNEX data

Best fit

Buyers committed to a multi-year deferral who want index-linked accumulation, value the ability to mix crediting designs (cap, participation, monthly-sum) on the same S&P 500 exposure, and don't need a guaranteed lifetime-income rider built into the contract.

AM Best

A Excellent

Surrender options

5 and 7 years

Free withdrawal

10%/yr

Availability

47 jurisdictions (excl. Mississippi, New York, North Carolina, Vermont)

Featured crediting strategies

Caps, participation rates, and declared rates are shown separately.

Index / strategyRate mechanicsCreditingSurrenderPremium

S&P 500

S&P 500 Index

8.25% cap rate

Annual cap

1-year term · 5-year surrender · Does not vary by premium

1-year term

5-year surrender

Does not vary by premium

S&P 500

S&P 500 Index

monthly avg cap

5% cap rate

Monthly cap

1-year term · 5-year surrender · Does not vary by premium

1-year term

5-year surrender

Does not vary by premium

S&P 500

S&P 500 Index

8.5% cap rate

Annual cap

1-year term · 7-year surrender · Does not vary by premium

1-year term

7-year surrender

Does not vary by premium

S&P 500

S&P 500 Index

monthly avg cap

5% cap rate

Monthly cap

1-year term · 7-year surrender · Does not vary by premium

1-year term

7-year surrender

Does not vary by premium

S&P 500

S&P 500 Index

45% participation rate

Participation

1-year term · 5-year surrender · Does not vary by premium

1-year term

5-year surrender

Does not vary by premium

S&P 500

S&P 500 Index

50% participation rate

Participation

1-year term · 7-year surrender · Does not vary by premium

1-year term

7-year surrender

Does not vary by premium

S&P 500

S&P 500 Index

55% participation rate

Participation

2-year term · 5-year surrender · Does not vary by premium

2-year term

5-year surrender

Does not vary by premium

S&P 500

S&P 500 Index

60% participation rate

Participation

2-year term · 7-year surrender · Does not vary by premium

2-year term

7-year surrender

Does not vary by premium

S&P 500

S&P 500 Index

9.35% cap rate

Cap strategy

5-year term · 5-year surrender · Does not vary by premium

5-year term

5-year surrender

Does not vary by premium

S&P 500

S&P 500 Index

9.3% cap rate

Cap strategy

7-year term · 7-year surrender · Does not vary by premium

7-year term

7-year surrender

Does not vary by premium

Nasdaq-100

Nasdaq-100 Index

8.25% cap rate

Annual cap

1-year term · 5-year surrender · Does not vary by premium

1-year term

5-year surrender

Does not vary by premium

Nasdaq-100

Nasdaq-100 Index

8.5% cap rate

Annual cap

1-year term · 7-year surrender · Does not vary by premium

1-year term

7-year surrender

Does not vary by premium

Nasdaq-100

Nasdaq-100 Index

9.35% cap rate

Cap strategy

5-year term · 5-year surrender · Does not vary by premium

5-year term

5-year surrender

Does not vary by premium

Nasdaq-100

Nasdaq-100 Index

9.35% cap rate

Cap strategy

7-year term · 7-year surrender · Does not vary by premium

7-year term

7-year surrender

Does not vary by premium

Fixed Account

3.5% declared rate

Fixed account

1-year term · 5-year surrender · Does not vary by premium

1-year term

5-year surrender

Does not vary by premium

Fixed Account

3.5% declared rate

Fixed account

1-year term · 7-year surrender · Does not vary by premium

1-year term

7-year surrender

Does not vary by premium

+ 8 additional crediting options (Russell 2000, S&P 500...)

Product analyst notes

How to think about this contract

Why it can stand out

Multiple crediting designs are offered on the S&P 500 — annual point-to-point cap, multi-year participation, and monthly-sum cap — so a buyer who wants S&P exposure can pick the mechanic that best fits their view of the index, rather than being locked into a single style.
Index menu spans recognizable benchmark indexes (S&P 500, Nasdaq-100, Russell 2000) alongside two proprietary volatility-controlled S&P 500 Daily Risk Control variants, so the buyer can choose between like-for-like cap comparison and higher-participation alternatives.
The surrender ladder is shorter than the ten-year norm on the long end of the FIA market — buyers who don't want a full decade of deferral can compare it directly against shorter-surrender alternatives, with the schedule fully visible on this page.
Free-withdrawal allowance and the full surrender schedule are visible on this page, so the schedule of penalty-free liquidity is not gated behind a sales brochure.

What to confirm

This contract is not a guaranteed-lifetime-withdrawal product. There is no GLWB income rider attached — the live feed shows an empty income-rider list — and the only contract-level enhancements are surrender-charge waivers (nursing home, terminal illness). Do not compare its payout side-by-side with a rider-led income FIA.
There is no premium bonus and no death-benefit roll-up on this contract — the death benefit is the standard contract value, with no guaranteed legacy bump. Buyers prioritizing a legacy step-up should evaluate that separately.
Several of the listed indexes are proprietary volatility-controlled benchmarks (S&P 500 Daily Risk Control variants). Participation rates on these strategies can look high in absolute terms but are not directly comparable to an uncontrolled S&P 500 cap — evaluate each strategy on its own merits. The guaranteed-minimum cap floor on this contract is low, so caps and participation rates can reset down toward that floor over the surrender term, and the buyer carries that renewal risk for the full term.
Not available to residents of New York, Vermont, or Mississippi per the live feed — the contract is offered in 48 jurisdictions. Confirm availability with the carrier for your state before assuming this contract is offered.

Not ideal for

Buyers who need a contractually guaranteed GLWB-rider withdrawal rate, expect a premium bonus to offset the surrender commitment, or want a death-benefit roll-up beyond the standard contract value — none of those are what this contract is built to deliver. Also not available to residents of New York, Vermont, or Mississippi per the live feed.

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See how CapLock Fixed Indexed Annuity compares for your age, state, premium, and income goals alongside other Oceanview fixed indexed annuity options.

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All crediting strategies

View rate listings (40 strategies)

These are the current crediting strategies available for this product. Use the filters to narrow by index, term, premium band, or rate type.

Par: 140% · 1-yr

S&P 500 Daily Risk Control 5% Excess Return (USD) Index

participation