1Each year you become vested in an additional 10% of the total bonus,
until you have become 100% vested at the beginning of the 11th policy year. Non-vested
bonus amounts will be recaptured for surrender or withdrawal amounts exceeding the
penalty free amount. Products with a premium bonus may have lower fixed account
interest rates and lower caps on indexed accounts than a similar product without
a premium bonus.
2Income Account growth is used only for the purpose of calculating the
GLWB and is not available as a cash surrender or lump sum at any time.
3Joint Life Payout is based on the lives of the Owner and the Owner's
spouse who is the sole Beneficiary and is available only in this scenario.
4GLWB payments decrease the accumulation value on a dollar per dollar
basis. If you choose to stop GLWB payments, you cannot apply the amounts not received
to any future GLWB payments. For policy details and qualifying event see Oxford
Life Insurance form DA520.
5Waiver of withdrawal charges rider not available in all states. Rider
benefits available for a qualifying condition first diagnosed after the first year.
There is also a 90 day elimination period. For policy details and qualifying event
see Oxford Life Insurance form DA520.
6The market value adjustment feature is not available in all states.
A market value adjustment may reduce or increase the amount received from a withdrawal
or surrender. A withdrawal or surrender may result in a loss of principal and earnings
due to surrender charges and a market value adjustment.
*Neither Oxford Life Insurance Company, its affiliates, nor any of its
representatives may provide tax or legal advice. Individuals should consult their
tax advisor or legal counsel for specific advice and information regarding their
individual situation. The Oxford Life Royal Select™ annuity is
issued by Oxford Life Insurance Company. Oxford Life assumes the investment risk
and guarantees payment, subject to its claims-paying ability. Withdrawals and other
distributions of taxable amounts, including death benefit payouts, will be subject
to ordinary income tax. If withdrawals and other distributions are taken prior to
age 591/2, a 10% federal tax penalty may apply. Withdrawals will reduce the value
of the death benefit. Oxford Life Insurance Company is licensed to issue individual
life insurance and annuity products in all states except New York and Vermont. For
use with Oxford Life policy forms FIA510, GLWB210, DA520 and state-specific variations
where applicable. Product not available in all states. All guarantees made are that
of Oxford Life Insurance Company. Not a bank or credit union guarantee. Not FDIC/NCUA
insured. Not insured by any federal government agency. A comprehensive description
of the policy benefits, costs, exclusions, limitations and terms is available to
you upon request. An investment in these contracts is subject to possible loss of
principal and earnings, since a surrender charge and market value adjustment may
apply to withdrawals or upon surrender of the contract.