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Select 5

The Select 5 annuity offers you a world of security for your retirement. Guaranteed returns mean no market volatility to worry about. It's simple, dependable, and designed for peace of mind.

From a friendly customer service to easy access to your funds, Select 5 ensures you can live your golden years just the way you imagined. Planning your future has never been simpler!

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Ratings:

A.M. Best A

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About Product

Type

Fixed Index

Purpose

Lifetime Income

Term

5 Years

Surrender schedule

10%9%8%7%6%

Fee withdrawal:

10%

Market Value Adjustment

Yes

Return Of Premium

Minimum Contribution

$20,000

Maximum Contribution

$1,000,000

Max Age Qualified

Types Of Funds

Non-Qualified, IRA, IRA Rollover, IRA Transfer, SEP IRA, IRA-Roth, and Inherited IRA

The Select 5 annuity is a single premium, deferred annuity contract with a 5 year surrender charge period and a market value adjustment provision.

Rate Guarantees

Your annuity will be credited with a first year interest rate of 0.00% which is guaranteed for one year. At the end of the guarantee period, you will have a 30-day window where you may choose to renew the guarantee period you originally elected. If no election is made during this window, Oxford Life Insurance Company will automatically renew your annuity for the same guarantee period. If a withdrawal or surrender is made within this 30-day window, no surrender charges or market value adjustment will apply. After the 30-day window, a new guarantee period, guaranteed interest rate, surrender charge period and market value adjustment will be applied. Renewal rates for subsequent guarantee periods will be based on competitive current interest rates and financial circumstances, and may differ from the initial guaranteed interest rate. Your interest rates are guaranteed never to go below 1.00%.

Available in states: AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, WA, WI, and WY

Allocation Accounts

Name	Type	Rates
1-Year Fixed Account	Fixed	4% Fixed
1-Year S&P 500 PTP Cap	Point to Point Annual	7.8% Cap
1-Year S&P 500 PTP Monthly Average Cap	Point to Point Annual Monthly average	7.8% Cap

Surrender schedule

Year	1	2	3	4	5
Penalty	10%	9%	8%	7%	6%

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Investment Amount $

Riders

Name	Inbuilt	Fee
Select Series Guaranteed Lifetime Withdrawal Benefit	No	0.95% annually

Waivers

Nursing Home

If you are first diagnosed as chronically ill more than one year after the policy date, are confined to a nursing home, and have been for the previous 90 days, you may request surrender/withdrawals from this policy without reduction for any surrender/withdrawal charge.

Terminal Illness

If you are first diagnosed as terminally ill more than one year after the policy date, you may surrender/withdraw this policy for its Account Value without reduction for any surrender/withdrawal charge.

ADL

If you are first diagnosed as chronically ill more than one year after the policy date, are receiving home health care, and have been for the previous 90 days, you may request surrender/withdrawals from this policy without reduction for any surrender/withdrawal charge.

Premium Notes

Minimum Premium - $20,000
Maximum Premium Ages 18-75 - $1,000,000
Maximum Premium Ages 76-80 - $750,000

Note: We take Inherited/Beneficiary IRAs as a transfer.

Withdrawal Provisions

Death Benefit
Oxford Life Insurance Company will pay out, as the Death Benefit, the Accumulation Value to your beneficiary upon the death of the Owner. Your beneficiary may choose to receive the payments in either a lump sum or a series of income payments.

Payout Options (Annuitization)*

Period Certain Payments: Equal payments for a fixed period of up to 30 years.
Lifetime income: Equal payments will be made for your lifetime.
Lifetime income with guaranteed period certain: Equal payments will be made for the longer of your remaining lifetime or the period agreed upon (5, 10, 15, 20 years or more).

*In most states maturity occurs at age 95, but an early annuitization option is available after the first policy year.

Free Withdrawals

Any withdrawal during the first Policy Year will be subject to a Surrender Charge and a Market Value Adjustment. Beginning in the second Policy Year, the penalty-free amount is 10% of the Accumulation Value as of the end of the prior Policy Year. The penalty-free amount for surrender is 10% of the Accumulation Value at the time of surrender less any penalty-free withdrawals since the last Policy Anniversary.

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