Oceanview Life and Annuity Company (OVLAC) seeks to achieve this mission by providing distributors and policyholders with fixed annuity products that:
Provide returns to the policyholder that are very competitive to alternative products like bank certificates of deposits and other annuities.
Provide features that are easily understood by the consumer
Do not put the financial strength of OVLAC at risk.
Are supported by OVLAC employing (1) a thoughtful and opportunistic investment approach emphasizing US residential and commercial mortgage markets and (2) a low operating cost model.