Fixed index annuity review and rates

Harbourview 5 (CA Only)

The Harbourview Fixed Indexed Annuity (FIA) Series is offered to individuals seeking both asset protection against market volatility and asset growth from potential market gains. 
Available in states: CA

Allocation Accounts

Name Type Rates
1-Year Fixed Account
Fixed
2.5% Fixed
1-Year S&P 500 PTP Cap
Point to Point
Annual
5.75% Cap
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
27% Participation
1-Year S&P 500 PTP Monthly Average Cap
Point to Point
Annual
Monthly average
3% Cap
2-Year S&P 500 PTP Participation Rate
Point to Point
Biennial
38% Participation
1-Year Nasdaq-100 PTP Cap
Point to Point
Annual
5.75% Cap
1-Year Russell 2000 PTP Cap
Point to Point
Annual
5.75% Cap
2-Year CS Retiree Balanced PTP Participation Rate
Point to Point
Biennial
120% Participation
1-Year CS Retiree Balanced PTP Participation Rate
Point to Point
Annual
85% Participation

Surrender schedule

Year 1 2 3 4 5
Penalty 8% 8% 7% 6% 5%
Oceanview Life and Annuity Company
Founded: 1965
A.M. Best: A-
S&P: A-
Carrier details
Free withdrawal
1st year: 0%
2nd+ year: 10%
Surrender schedule
5 years
Return of premium
Market value adjustment
Minimum contribution
$20,000
Types of funds
Non-Qualified, 401k, Profit Sharing, IRA, Pension, IRA Rollover, TSA 403b, SEP IRA, IRA-Roth, 1035 Exchange, Inherited IRA, and TSP