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August 27, 2020

Interest Rate Reduction Notice

Effective Tuesday, September 1, 2020, Oceanview Life and Annuity Company will be reducing the rates on their 3, 5, 7, and 10- year Harbourview MYGA products.

Current rates will be applicable to all policy applications signed no later
than August 31, 2020 and received by September 4, 2020 to their
New Business office in Grimes, IA.

Rate Lock Policy: Provided the application is signed and received according to previously stated guidelines, they will allow 60 days from the sign date of the application to receive rollover or transferred funds.

Interest Rates effective 9/1/2020
3- Year: 2.35%
5- Year: 2.85%
7- Year: 2.95%
10- Year: 3.00%

*Commissions on all interest rates remain the same.

Click here for rate sheet
Latest Carrier Rate Changes 
To learn more, please contact me.

Jason E. Lang,
Annuity Specialist
781.449.6800 ext. 237