Oceanview Life Launches Unique Fixed Indexed Annuity Offering

Introducing the Oceanview Topsider Fixed Indexed Annuity

Oceanview Life and Annuity Company, a prominent player in retirement solutions, along with Simplicity Group, a leading financial products distributor, has unveiled their latest offering: the Oceanview Topsider Fixed Indexed Annuity (Topsider FIA). This new product is aimed at clients who seek enhanced growth opportunities while ensuring principal protection, a common feature of fixed indexed annuities.

What Makes the Topsider FIA Stand Out?

The Topsider FIA introduces a groundbreaking Gain Control Option, which allows clients to potentially boost their participation in market gains. By allocating part of their annual index credits toward an increased participation rate for the next year, clients can leverage market recovery cycles effectively. This strategic approach offers a pathway for long-term growth that distinguishes the Topsider FIA in the competitive marketplace.

Perspectives from Leadership

Bill Egan, President and CEO of Oceanview Life and Annuity Company, expressed his enthusiasm, stating, "The Topsider FIA product reflects our steadfast commitment to providing retirement solutions that offer both growth potential and security, catering to the evolving demands of today’s retirees and those nearing retirement. With our partnership with Simplicity, we can bring this innovative product to market effectively, reaching a broader audience thanks to their extensive resources and dedication to advancing the financial services landscape."

Similarly, Bruce Donaldson, President and CEO of Simplicity, remarked, "The Topsider FIA aligns perfectly with our mission to furnish top-tier financial products to advisors and their clients, supporting our holistic financial planning approach that balances growth and protection. Its innovative features, such as the Gain Control Option and annual strategy adjustments, provide the flexibility and growth potential that contemporary consumers desire in their retirement planning."

Key Features of Oceanview Topsider FIA

The Oceanview Topsider FIA boasts several noteworthy features that enhance its appeal:

• Gain Control Option: Lets clients elevate their participation rates by using a portion of their annual index credits.
• Principal Protection: Protects the initial client investment from market downturns.
• Flexible Allocation Options: Offers strategies tied to the S&P 500 Daily Risk Control 10% Excess Return Index, allowing for varied investment approaches.
• Annual Adjustments: Empowers clients to modify their Gain Control Option percentage on each contract anniversary.

Availability and Accessibility

The Topsider FIA is available exclusively through Simplicity Group's vast network of financial professionals. This strategic alliance melds Oceanview's knack for product innovation with Simplicity's exceptional distribution capabilities, ensuring that a diverse range of clients can access this unique retirement solution.

Contact for More Information

For further details regarding the Oceanview Topsider Fixed Indexed Annuity, clients are encouraged to reach out to their Simplicity Group representative.

About Oceanview Life and Annuity Company

Oceanview Life and Annuity Company is dedicated to offering innovative retirement products that help clients achieve financial security. With an Excellent rating from A.M. Best, Oceanview combines financial strength with dynamic product design to serve their clients effectively.

About Simplicity Group

Simplicity Group is a premier partner for advisors, financial institutions, and consumers, delivering a superior blend of wealth accumulation and financial protection products. As a rapidly growing entity within the financial services sector, Simplicity prioritizes the needs of its clients while committing to education, value, and partnership.

Frequently Asked Questions

1. What is the Oceanview Topsider Fixed Indexed Annuity?

The Oceanview Topsider FIA is a fixed indexed annuity designed to provide growth potential and principal protection for retirement planning.

2. What is the Gain Control Option?

The Gain Control Option allows clients to apply a portion of their annual index credits to potentially enhance their participation in market gains for the next year.

3. Who can sell the Topsider FIA?

The Topsider FIA is available exclusively through Simplicity Group's network of financial professionals.

4. What are the key benefits of the Topsider FIA?

Key benefits include principal protection, flexible allocation options, annual adjustments, and the unique Gain Control Option designed for growth.

5. How can I learn more about the Oceanview Topsider FIA?

To learn more, contact your Simplicity Group representative for detailed information on the product.

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