4% Premium Bonus
The Oxford Life Silver Select ® Fixed Indexed Annuity includes a 4% premium bonus on your single premium. We add this bonus to the Account Value on the date we receive the premium.
For example: $100,000 premium plus 4% premium bonus = $104,000 initial account value!
Bonus Vesting The bonus vests over a 10-year period. Each 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. The vested amounts of the bonus are the amounts that you do not forfeit as a result of an early partial withdrawal or surrender. The bonus is completely vested in the death benefit and in the optional guaranteed lifetime withdrawal benefit payment. However, it is important to note that withdrawals may reduce the vested bonus amount. If you take a partial withdrawal or surrender, you will receive the vested portion of your bonus according to the schedule below. For partial withdrawals and surrenders, you will first receive an amount penalty free, as outlined in the Liquidity Features section on page 7. Any partial withdrawals or surrenders exceeding the free amount will result in the forfeiture of some non-vested bonus amount, if taken during the first ten policy years.
POLICY YEAR
1 2 3 4 5
6
7 8 9 10 11+
VESTED PERCENTAGE
0% 10% 20% 30% 40% 50%
60%
70% 80% 90% 100%
03
SILVER SELECT PRODUCT GUIDE
ANSILVER1289C
69462184(D)
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