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fixed annuities

Multi-Year Guarantee Annuity Details

Product Name

Multi-Select 6

Annuity Type

Multi-Year Guarantee Annuity

Issuing Insurance Company and Ratings

(3rd of 15 ratings)
Not Rated
Not Rated
Not Rated
Not Ranked

Product Information

The Multi-Select 6 is a deferred multi-year guarantee annuity issued by Oxford Life Insurance Company.

The current 6 year guarantee period annual yield is 5.65% (see Rate Details below). This is the guaranteed annual yield, including bonuses if applicable, for the initial guarantee period term, up to the first penalty free full withdrawal window. The Multi-Select 6 has a full penalty free withdrawal window after 6 years.

During the time in which the annuity is subject to surrender penalties, there are policy provisions that allow partial access on a penalty free basis. In the first contract year, this annuity provides interest only withdrawals. Beginning in the second contract year, up to 10% (noncumulative) of the contract value may be withdrawn from the annuity each contract year without penalty.

This annuity also waives withdrawal penalties upon death. Your named beneficiary(ies) will receive a death benefit equal to the full accumulation value. A beneficiary may choose to receive their death benefit in either a lump sum or select an available annuitization option.

Details on additional penalty waivers can be found in the Penalty Free Withdrawal Provisions section below.

Oxford Life Insurance Company is rated “A” by A.M. Best, was founded in 1965, and has over $3 billion in total assets.

Rate Details

Premium Amount: $20,000 - See Notes

6 Year Guarantee Period Annual Yield: 5.65%
Interest rate start of year 1 through end of year 6: 5.65%

Initial Surrender Charge and MVA Periods

6 years

6 years

6 years

State variations may exist, refer to product disclosure for details.

Other Guarantee Periods Available

Policy Details

Penalty Free Withdrawal Provisions

Annuitization, Death, Home Health Care, Nursing Home and Terminal Illness

See product brochure, disclosure and riders for additional details, limitations and availability. State variations, age restrictions and holding periods may apply.

State Variations

Not available in:  AL, MS, NY, VT and WV (as of 12/17/2018)

For FL: No auto-renewal after surrender charge period is completed.


Max Premium Issue Ages 18-75: $1,000,000
Max Premium Issue Ages 76-80: $750,000
Max Premium Issue Ages 81-85: $500,000

When purchasing this annuity with qualified funds, any Required Minimum Distribution (RMD) needed during the first contract year must be withdrawn prior to funding the policy.