Oxford Life Income Protector–a multi-year guarantee annuity

Oxford Life Insurance Company (Oxford Life) has introduced a unique annuity that combines the guaranteed interest of a Multi-Year Guarantee Annuity (MYGA) with the guaranteed lifetime payout of a Guaranteed Lifetime Withdrawal Benefit (GLWB) rider. This annuity is called the Oxford Life Income Protector^™ which includes the GLWB rider at no additional charge.

The MYGA interest rate is guaranteed for five years and varies based on the deposit amount. The Oxford Life Income Protector^™ is available to clients issue ages 18 to 80, and offers hardship waivers for nursing home confinement and terminal illness.

The GLWB rider offers the client the option of guaranteed income for life and is automatically added to the MYGA at no additional charge¹. This rider credits interest to an income account, used solely for the purpose of calculating the monthly income benefit, at a rate 5.0% greater than the base product.

The Oxford Life Income Protector^™ will uniquely cater to clients concerned with achieving guaranteed rates of return like those found in Certificates of Deposit (CDs), and those concerned with outliving their retirement savings.Combining these two guarantees in one annuity provides a special solution to many potential clients.

¹ Oxford Life attaches this rider automatically to your base policy only if the annuitant is an owner, unless the owner is not a natural person. If the owner is not a natural person, the annuitant will be treated as the owner for purposes of this rider. If the base policy has joint owners, Oxford Life will attach this Rider only if the joint owners are spouses.

For product information, please call: (800) 308-2318