Oceanview Life and Annuity Ratings
On November 22, 2021, Oceanview Life and Annuity announced that global credit rating agency AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of Oceanview Life and Oceanview Re.
Learn more about annuity company financial ratings.
Assets & Liabilities
Assets: $1,883,496,644
Liabilities: $1,677,259,195
Capital and Surplus: $206,237,449
Assets to Liability Ratio: 112.30%
Financial Data for the year ending December 31, 2020. Assets and Liabilities totals do not include amounts allocated to Separate Accounts. All ratings shown are current as of June 15, 2021.
Oceanview Life and Annuity Company Profile
Group Affiliation: None
State of Domicile: Colorado
NAIC Company Code: 68446
Year Founded: 1965
Website: https://oceanviewlife.com/
Address:
410 N 44th Street, Suite 210, Phoenix, AZ 85008
Oceanview Annuities
Oceanview Harbourview Features
Premium Requirements: Minimum $20,000
Issue Age: 0 through 89 (non-qualified and qualified assets)
Multi-Year Guaranteed Period Options: 2, 3, 4, 5, 6, 7, and 10 Years
Withdrawals: 10% of Contract Value on or after the first year of Contract anniversary without Surrender Change penalty.
Minimum Withdrawal Amount = $250
Death Benefit: Account Value (No MVA or Surrender Charges) or Spousal continuation option
20 Day Free Look period to cancel your contract: You may cancel the contract by sending it back to the issuing company. Upon cancellation, the company will return the purchase payment to you. Some states allow for 30 days of Free Look.
