Oceanview Life and Annuity

Oceanview Life and Annuity Company is a trusted provider of fixed and fixed indexed annuity products. The company sets itself apart from other annuity insurers with its competitive returns and easy-to-understand contract features.

Jennifer Schell Headshot
Fact Checked
Fact Checked

Annuity.org content is meticulously reviewed to ensure it meets our high standards for readability, accuracy, fairness and transparency.

Annuity.org articles are spellchecked, grammatically correct and typo-free. Annuity.org editors may revise content for clarity, logic, flow and meaning. Annuity.org only uses credible sources of information.

This includes reputable industry sources, select financial publications, credible nonprofits, official government reports, court records and interviews with qualified experts.

Cite Us
How to Cite Annuity.org's Article

APA Schell, J. (2022, May 11). Oceanview Life and Annuity. Annuity.org. Retrieved May 29, 2022, from https://www.annuity.org/annuities/providers/oceanview-life-and-annuity/

MLA Schell, Jennifer. "Oceanview Life and Annuity." Annuity.org, 11 May 2022, https://www.annuity.org/annuities/providers/oceanview-life-and-annuity/.

Chicago Schell, Jennifer. "Oceanview Life and Annuity." Annuity.org. Last modified May 11, 2022. https://www.annuity.org/annuities/providers/oceanview-life-and-annuity/.

Why Trust Annuity.org
Why You Can Trust Annuity.org
Annuity.org has provided reliable, accurate financial information to consumers since 2013. We adhere to ethical journalism practices, including presenting honest, unbiased information that follows Associated Press style guidelines and reporting facts from reliable, attributed sources. Our objective is to deliver the most comprehensive explanation of annuities and financial literacy topics using plain, straightforward language.

Our Partnerships, Vision and Goals

We pride ourselves on partnering with professionals like those from Senior Market Sales (SMS) — a market leader with over 30 years of experience in the insurance industry — who offer personalized retirement solutions for consumers across the country. Our relationships with partners including SMS and Insuractive, the company’s consumer-facing branch, allow us to facilitate the sale of annuities and other retirement-oriented financial products to consumers who are looking to purchase safe and reliable solutions to fill gaps in their retirement income. We are compensated when we produce legitimate inquiries, and that compensation helps make Annuity.org an even stronger resource for our audience. We may also, at times, sell lead data to partners in our network in order to best connect consumers to the information they request. Readers are in no way obligated to use our partners’ services to access the free resources on Annuity.org.

Annuity.org carefully selects partners who share a common goal of educating consumers and helping them select the most appropriate product for their unique financial and lifestyle goals. Our network of advisors will never recommend products that are not right for the consumer, nor will Annuity.org. Additionally, Annuity.org operates independently of its partners and has complete editorial control over the information we publish.

Our vision is to provide users with the highest quality information possible about their financial options and empower them to make informed decisions based on their unique needs.

About Oceanview Life and Annuity

Oceanview Life and Annuity Company is based in Phoenix, Arizona. The company holds a strong reputation as a trusted annuity provider. Oceanview’s executive leaders come from extensive backgrounds in the financial services industry, working at businesses such as annuity insurers, consulting firms and global banks.

The company website’s “Our Story” page describes Oceanview Life’s vision: “To expand the pool of investors in the U.S. that use fixed annuities as an element of their overall financial portfolio to generate attractive tax efficient returns.” To achieve this vision, Oceanview Life and Annuity seeks to provide annuities with competitive returns, easy-to-understand features and a thoughtful investment approach.

Did You Know?
Current Oceanview Life and Annuity policyholders can contact the company’s administrative office at the following number:

1-888-295-3815

Credit Ratings

Annuity companies such as Oceanview Life and Annuity receive scores based on their overall financial stability. These scores are called credit ratings or financial strength ratings and are issued by independent agencies. The higher a rating the annuity provider receives, the more stable they are financially and the better chance they have of meeting their obligations.

Oceanview Life and Annuity has received a financial strength rating from one of the most renowned credit rating agencies, AM Best. The agency’s 2021 press release affirmed Oceanview’s rating as A-, which signifies an “Excellent” financial strength score. AM Best also revised the outlook of Oceanview Life and Annuity to positive from stable, citing the company’s very strong balance sheet and appropriate enterprise risk management.

Annuities Offered by Oceanview Life and Annuity

Oceanview Life and Annuity specializes in fixed annuity products. These annuities earn a guaranteed rate of interest during an accumulation period before converting the value of the contract into a stream of income payments. Oceanview sells two types of fixed annuities: multi-year guaranteed annuities and fixed indexed annuities.

Multi-Year Guaranteed Annuities

Oceanview’s Harbourview and Sky Harbourview annuity series are what’s known as multi-year guaranteed annuities (MYGAs). When you purchase a MYGA, the interest your contract will earn is locked in for the duration of the annuity’s term.

The Harbourview Fixed Annuity series offered by Oceanview lets customers choose from periods of two, three, four, five, six, seven and 10 years. The Sky Harbourview series allows for a three-year or five-year period. Both MYGA series also feature death benefits and spousal continuation options.

Fixed Indexed Annuities

In addition to MYGA annuities, Oceanview Life and Annuity also provides fixed indexed annuities (FIAs). These annuities earn interest based on two factors: a minimum fixed interest rate that’s guaranteed for the contract (1% for Oceanview’s FIA products) and a cap rate that’s tied to the performance of an equity market index like the S&P 500.

Oceanview Life and Annuity’s FIA products provide premium protection along with maximum growth potential. The contract on the FIA also allows you to withdraw up to 10% of your annuity’s value each year without penalty after the first year of the contract.

Interested in Buying an Annuity?
Learn about the different types of annuities and find out which one is right for you.

Client Resources

Oceanview Life and Annuity’s online Resource Center helps annuity customers find what they need. Oceanview customers can browse the glossary to better understand the complexities of an annuity contract. Frequently asked questions are also available on the Resource Center’s FAQ page.

Oceanview also gives customers access to download relevant annuity paperwork online including:
  • Applications
  • Brochures
  • Change of Beneficiaries Form
  • Death Claim Form
  • Letter of Intent
  • Partial/Full Withdrawal Form
  • Request for Copy of Contract
  • Transfer Form

 


About Annuity.org

Annuity.org has provided reliable, accurate and trustworthy financial information to readers since 2013. We partner with professionals like those from Senior Market Sales (SMS), a market leader with over 30 years of experience in the insurance industry, to offer personalized retirement solutions for consumers across the country.

Any information offered about the company above is provided free of charge and individual product offerings are verified and accurate as of publication.

Our partners work with the provider companies mentioned on our site. However, Annuity.org is not a service provider. Actual products, terms and rates offered through the above company are subject to in-state availability and a variety of other factors. Visit the Our Partners page for additional information.

More About Our Partners

Please seek the advice of a qualified professional before making financial decisions.
Last Modified: May 11, 2022

7 Cited Research Articles

Annuity.org writers adhere to strict sourcing guidelines and use only credible sources of information, including authoritative financial publications, academic organizations, peer-reviewed journals, highly regarded nonprofit organizations, government reports, court records and interviews with qualified experts. You can read more about our commitment to accuracy, fairness and transparency in our editorial guidelines.

  1. Business Wire. (2021, November 22). A.M. Best Revises Outlooks to Positive for Oceanview Life and Annuity Company and Oceanview Reinsurance Ltd. Retrieved from https://www.businesswire.com/news/home/20211122006555/en/AM-Best-Revises-Outlooks-to-Positive-for-Oceanview-Life-and-Annuity-Company-and-Oceanview-Reinsurance-Ltd
  2. Oceanview Life and Annuity Company. (n.d.). About. Retrieved from https://oceanviewlife.com/about/
  3. Oceanview Life and Annuity Company. (n.d.). Harbourview Fixed Annuity Series. Retrieved from https://oceanviewlife.com/products/harbourview-fixed-annuity-series/
  4. Oceanview Life and Annuity Company. (n.d.). Harbourview Fixed Indexed Annuity. Retrieved from https://oceanviewlife.com/products/harbourview-fixed-indexed-annuity/
  5. Oceanview Life and Annuity Company. (n.d.). Our Story. Retrieved from https://oceanviewlife.com/about/our-story/
  6. Oceanview Life and Annuity Company. (n.d.). Resources. Retrieved from https://oceanviewlife.com/resources/
  7. Oceanview Life and Annuity Company. (n.d.). Sky Harbourview Fixed Annuity Series. Retrieved from https://oceanviewlife.com/products/sky-harbourview-fixed-annuity-series/