Is Oceanview Life And Annuity A Good Annuity Company?

Shawn Plummer, CRPC

Chartered Retirement Planning Counselor

Who Is Oceanview Annuity?

Oceanview Annuity is a relatively new company that was founded in 2019. However, don’t let their lack of history fool you – they’re already making waves in the annuities industry. Oceanview is headquartered in Phoenix and offers fixed and fixed index annuities. Their products provide safety and stability for retirees, with potential growth and income. And their team is passionate about helping their clients reach their financial goals. So, if you’re looking for a new annuity provider, give Oceanview a closer look. You won’t be disappointed.

Oceanview Life And Annuity Complaints

Is Oceanview Life and Annuity A Good Company? 

If you’re looking for a financially stable life and annuity company with a good reputation, you may want to consider Oceanview Life and Annuity. As of November 2, 2023, they are “A” rated with A.M. Best, meaning they have a solid ability to meet their financial obligations. They also have over $3.6 billion of assets, so you can rest assured they have the resources to back up their products.

Oceanview’s Pros

  • Oceanview annuities offer competitive rates and growth potential with protection from market volatility.
  • They are also relatively simple to understand, which can be a plus for those who want to avoid complexity in their retirement planning.

Oceanview’s Cons

  • One potential downside of an Oceanview annuity is the limited selection of options. There are only a handful of annuities offered by the company, so you may not be able to find one that meets your specific needs.
  • Another potential downside is that Oceanview does not offer a lifetime income rider, so you may have to take your money out all at once if you need it in retirement.
  • Finally, Oceanview is a relatively new company, so there is less history to assess its future performance.

Although there are some potential drawbacks, an Oceanview annuity can still be a good choice for many people.

Oceanview Life And Annuity Company Reviews

How Do Oceanview Annuities Work?

Oceanview Fixed Annuity

Oceanview fixed annuities are competitively-priced investment products that offer higher interest rates than what is typically available from a bank CD. With an Oceanview annuity, you can choose terms ranging from 2 to 10 years. In addition, your interest rate is fixed for the length of the term and will not change even if market rates rise. 

Oceanview Fixed Index Annuity

If you’re looking for a safe investment that offers principal protection and growth potential, an Oceanview fixed index annuity may be a good option.

With this type of annuity, your principal is protected from market fluctuations, and you’ll earn a fixed interest rate on your investment. Plus, you’ll have the opportunity to participate in the growth of the S&P 500 or Nasdaq-100 without paying any fees.

Whether retired or still working, an oceanview fixed index annuity can help you reach your financial goals.

Oceanview Life And Annuity

What We Like About Oceanview Annuities

  • They offer a straightforward way to earn interest based on the stock market’s performance without worrying about picking individual stocks.
  • You can choose between popular indices, the S&P 500, Nasdaq 100, or a combination of both.
  • Your principal is protected. You won’t lose money if the stock market goes down.
  • There are no fees and no commission charges.

Compare Oceanview Life Annuity Income

Determine if Oceanview Life annuities are providing the highest amount of retirement income.

How We Can Help

At The Annuity Expert, we understand that planning for retirement can be complex and emotionally taxing. With 15 years of experience as an insurance agency, annuity broker, and retirement planner, we are committed to finding the best solutions at the lowest costs for our clients.

The Core Problem We Solve Retirement planning often involves navigating a maze of options, understanding market volatility, and ensuring a stable income stream. Many retirees fear outliving their savings, dealing with unexpected market downturns, or simply not maximizing their retirement funds’ growth potential.

Symptoms and Emotional Impact

  • Fear of Outliving Savings: Many retirees worry about their financial security as they age.
  • Market Volatility Anxiety: Concerns about market fluctuations can cause significant stress.
  • Complexity of Choices: The variety of available products can be overwhelming, leading to indecision and inaction.
Oceanview Annuity

What We Recommend

Step 1: Initial Consultation

  • What Happens: Contact us for a free consultation where we assess your current financial situation and retirement goals.
  • Main Benefit: Personalized advice tailored to your unique needs, ensuring you make informed decisions.

Step 2: Customized Plan Development

  • What Happens: We develop a tailored retirement plan that incorporates Oceanview annuities, focusing on your specific needs and risk tolerance.
  • Main Benefit: A clear, actionable plan that optimizes your retirement savings and growth potential.

Step 3: Ongoing Support and Adjustment

  • What Happens: We provide ongoing support, regularly reviewing and adjusting your plan to align with market conditions and personal circumstances.
  • Main Benefit: Continuous peace of mind knowing your retirement plan is actively managed and optimized.

Features and Benefits of Our Services

  • Personalized Quotes: Tailored financial solutions based on your individual needs.
  • Comprehensive Retirement Planning: Holistic approach covering all aspects of retirement.
  • Expert Advice: 15 years of industry experience ensuring the best recommendations.
  • Regular Reviews: Ensuring your plan remains effective and aligned with your goals.

Overcoming Common Objections

Without professional guidance, you risk choosing suboptimal products, missing out on potential growth, or facing financial insecurity in retirement. Conversely, working with us ensures a secure, optimized, and stress-free retirement.

Contact us today for free advice or a personalized quote to secure your financial future with The Annuity Expert.

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Shawn Plummer, CRPC

Chartered Retirement Planning Counselor

Shawn Plummer is a Chartered Retirement Planning Counselor, insurance agent, and annuity broker with over 14 years of first-hand experience with annuities and insurance. Since beginning his journey in 2009, he has been pivotal in selling and educating about annuities and insurance products. Still, he has also played an instrumental role in training financial advisors for a prestigious Fortune Global 500 insurance company, Allianz. His insights and expertise have made him a sought-after voice in the industry, leading to features in renowned publications such as Time Magazine, Bloomberg, Entrepreneur, Yahoo! Finance, MSN, SmartAsset, The Simple Dollar, U.S. News and World Report, Women’s Health Magazine, and many more. Shawn’s driving ambition? To simplify retirement planning, he ensures his clients understand their choices and secure the best insurance coverage at unbeatable rates.

The Annuity Expert is an independent online insurance agency servicing consumers across the United States. The goal is to help you take the guesswork out of retirement planning and find the best insurance coverage at the cheapest rates

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