Oxford Life Insurance Company®
Oxford Life Insurance Company®

Multi-Select 5

5.30
%
5
Year Term
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Carrier Information

Company Name
Oxford Life Insurance Company®
Product Name
Multi-Select 5
AM Best Rating
A Excellent
Carrier Websites
Carrier Phone
Product Description

Enjoy the stability of predictable growth for a time period you choose. Our Multi-Select® Annuity offers an interest rate that is guaranteed for a time period of your choice so the growth of your account is steady and predictable.

Policy Features

  • Interest rate is locked-in and guaranteed for the period you choose
  • Designed for long-term accumulation of funds and building retirement income
  • Access to your money when needed most:
  • Interest Withdrawals during year one
  • 10% Free Withdrawal Provision after year one
  • Guaranteed Lifetime Withdrawal Benefit (GLWB) for an additional annual fee of only 0.50% of the accumulation value.
  • The GLWB allows you to elect Lifetime Withdrawals to generate a stream of income you can never outlive.
  • Ability to start and stop income at any time

Product Overview

Product Type
MYGA
Term
5
Years
Brochure
Not Available In
AL, MS, NY, PR, VI, VT, WV
Surrender Schedule
10%, 9%, 8%, 7%, 6%

Product Details

Year 1 Rate
5.30
%
Year 2+ Rate
5.30
%
Rate Effective Date
April 1, 2024
Minimum Investment
20000
Maximum Investment
1000000
Maximum Age
85
RMD
No
Market Value Adjustment
Yes
Withdrawal Allowance
Oxford Life’s Multi-Select annuity offers systematic withdrawal of interest in the first year, or two penalty-free withdrawals per year cumulatively, up to 10% of your accumulated value starting in the second year. Surrender/withdrawal and MVA charges will apply to withdrawals in excess of the penalty free amount.
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Disclaimer: Rider deductions offered on some products. Rates may vary with certain states. Some products not available in certain states (refer to carrier product state availability grid)