IndexedUp · 5-Year Annuity · A-Rated Carrier (AM Best A)
Grow with the market. Never lose value when it drops.
IndexedUp is a 5-year annuity that earns you a share of any S&P 500 gain — and never loses value when the market drops. If the index falls 30%, your balance stays exactly where it is.
You'll know your worst year and your best year before you invest — that's what a defined outcome means.
Your 5-Year Range, Known Up Front
You'll know your worst year and your best year before you invest — no guessing.
If Markets Fall
$100,000
$0 lost to market
If Markets Boom
$156,349
If cap hit every year*
*Best case assumes the S&P 500 returns above the cap in all 5 years — unlikely but possible. Actual results fall within this range.
Loss Protection
Never lost money in any of the 33 historical 5-year windows.
The S&P 500 lost money in 8 of 33 of those same windows — the FIA lost zero.
How Often It Wins
30%
IndexedUp beat or matched the S&P 500 in 10 of 33 historical 5-year windows
10
IndexedUp
0
Tied
23
S&P Won
Based on 33 overlapping 5-year windows from 1988–2024. Historical backtest — not a guarantee of future results.
Featured Product
Oceanview Life and Annuity — CapLock FIA
A 5-year annuity from Oceanview Life and Annuity. You earn part of any S&P 500 gain — up to 9.35% a year — and a down market can never reduce your balance. Each year's gain is locked in for good.
Best year
9.35%
Worst year
0.00%
Term
5 yrs
Set Your Premium
Your 5-Year Outcome Range
Worst Case
$100,000
Best Case
$156,349
Your balance stays inside this range — defined before you invest.
Email me this illustration
Send me my personalized quote for a $100,000 premium at 9.35% cap / 0% floor.
Annual point-to-point crediting: each year the FIA credits min(max(S&P return, floor), cap). 100% participation. The S&P 500 line shows the raw index with no cap or floor.
Speak with a licensed agent — no sales pressure
508-770-0222Licensed in CT, FL, GA, MA, MI, NC, NH, OH, PA, RI, TX, VT
Best 5-Year Window
Strongest S&P 500 5-year stretch on record
S&P 500 (raw)
$319,917
+220% over 5 yrs · 26.2% CAGR
CapLock FIA
$156,349
+56% over 5 yrs · 9.3% CAGR
- S&P 500 (raw)
- CapLock FIA
Worst 5-Year Window
When the market crashed — the FIA held steady and came out ahead
The FIA beat the S&P 500 by 46% in this window — your principal was protected from the crash while still capturing upside in the recovery years.
S&P 500 (raw)
$81,225
-19% over 5 yrs · -4.1% CAGR
CapLock FIA
$127,089
+27% over 5 yrs · 4.9% CAGR
- S&P 500 (raw)
- CapLock FIA
Most Recent 5 Years
The last complete 5-year period
S&P 500 (raw)
$182,055
+82% over 5 yrs · 12.7% CAGR
CapLock FIA
$142,980
+43% over 5 yrs · 7.4% CAGR
- S&P 500 (raw)
- CapLock FIA
The Crash Test
When markets crash, your savings don't.
In the worst 5-year stretch on record (2004–2008), a raw $100,000 S&P 500 investment lost ground — ending the period worth less than it started. The CapLock FIA credited 0% in down years and captured gains in the recovery, finishing well ahead while never losing a dollar. That's the power of a 0% floor with locked-in gains.
S&P 500 (2004–08)
-19%
total return
CapLock FIA
+27%
total return
Stress Test Any Era
Pick any 5-year window in market history and see how your defined outcome would have performed vs. a raw S&P 500 investment. Try the dot-com crash, the 2008 financial crisis, or the pandemic recovery.
2007–2011
Your selected era vs. raw S&P 500
The FIA beat the S&P 500 by 35% in this window — your principal was protected from the crash while still capturing upside in the recovery years.
S&P 500 (raw)
$88,626
-11% over 5 yrs · -2.4% CAGR
CapLock FIA
$123,795
+24% over 5 yrs · 4.4% CAGR
- S&P 500 (raw)
- CapLock FIA
Formal Illustration
Year-by-year crediting detail for the 2007–2011 window. Cap 9.35% · Floor 0.00% · 100% participation · Annual point-to-point.
| Year | Calendar Year | S&P 500 Return | Credited Rate | Beginning Balance | Credited Amount | Ending Balance |
|---|---|---|---|---|---|---|
| 1 | 2007 | +3.53% | +3.53% | $100,000 | $3,530 | $103,530 |
| 2 | 2008 | -38.49% | floor+0.00% | $103,530 | 0.00 | $103,530 |
| 3 | 2009 | +23.45% | cap+9.35% | $103,530 | $9,680 | $113,210 |
| 4 | 2010 | +12.78% | cap+9.35% | $113,210 | $10,585 | $123,795 |
| 5 | 2011 | -0.04% | floor+0.00% | $123,795 | 0.00 | $123,795 |
| Total growth over 5 years | $100,000 | $23,795 | $123,795 | |||
Illustration only. Credited rates are determined annually by applying the 9.35% cap and 0.00% floor to the S&P 500 price return (no dividends). Past performance does not guarantee future results.
How Your Outcome Is Defined
Capped upside
When the S&P 500 rises, your account is credited with the full gain up to the 9.35% annual cap. A +20% year still credits 9.35%.
Zero floor
When the S&P 500 falls, your account loses nothing. A −38% year (2008) credits 0% — your balance simply holds steady.
Locked-in gains
Each year's credited gain is locked in permanently. Future market drops can never erase prior gains — the floor resets higher.
Ready to define your outcome?
Lock in your 9.35% cap and 0% floor today. Apply online in minutes — no agent required.
Questions? Call a licensed agent at 508-770-0222 — no sales pressure.
Contract Features
Premium Requirements
Minimum $20,000 (Qualified and Non-Qualified)
Issue Ages
5-Year: Up to age 89+364 days · 7-Year: Up to age 84+364 days
Surrender Charge Period
5 or 7 years — your cap is locked for the full period you select
Free Withdrawals
10% of contract value per year after first contract anniversary (min. $250)
Death Benefit
Account Value (no MVA or surrender charges) or spousal continuation option
Free Look Period
20 days to cancel and receive your full premium back (30 days in some states)
Market Value Adjustment
Applies to withdrawals exceeding the 10% free amount during the surrender period (not in CA)
RMDs
Available after first contract year for qualified contracts — counts toward 10% free withdrawal
Crediting Method
Annual point-to-point with cap rate guarantee — S&P 500, Nasdaq-100, or Russell 2000
Surrender Schedule
Surrender charges apply only to withdrawals exceeding your 10% free annual withdrawal allowance during the surrender period. After the period ends, your full balance is accessible penalty-free.
Year 1
9%
Year 2
8%
Year 3
7%
Year 4
6%
Year 5
5%
Surrender charges are a percentage of the amount withdrawn beyond your 10% free withdrawal allowance. A Market Value Adjustment (MVA) may also apply to excess withdrawals during the surrender period (not in CA). After the surrender period, no surrender charges or MVA apply.
Crediting Strategies
The CapLock FIA offers three guaranteed cap rate index strategies. The cap rate is declared once at policy issue and remains locked for your entire surrender charge period — no annual re-declarations, no mid-term adjustments. This calculator models the S&P 500 Annual Point-to-Point strategy.
Annual point-to-point with cap rate guarantee. The most widely tracked U.S. large-cap index.
Annual point-to-point with cap rate guarantee. Tracks 100 of the largest non-financial Nasdaq companies.
Annual point-to-point with cap rate guarantee. Measures U.S. small-cap stock performance.
Cap Rate Guarantee Funds are only available at the time of application. Once you reallocate out of a Cap Rate Guarantee Fund, you cannot reallocate back into any of the Guarantee Funds.
CapLock FIA — Common Questions
What is defined outcome investing?
Defined outcome investing means you know your worst-case and best-case returns before you invest. With the CapLock FIA, your worst year is 0% (the floor) and your best year is 9.35% (the cap). Unlike a raw stock investment where the outcome is unknown, a defined outcome product puts boundaries on your risk.
What does 'CapLock' mean?
CapLock means the 9.35% annual cap is guaranteed not to decrease for the life of the contract. Most indexed annuities can lower the cap at each renewal — CapLock removes that uncertainty.
What happens in a market crash?
Your account value does not go down. The 0% floor means the worst a down year can credit is 0% — you keep your full balance and all prior locked-in gains.
Why does the FIA sometimes beat the raw S&P 500?
In the worst 5-year window, the S&P 500 lost ground across a crash while the FIA credited 0% in down years and positive gains in up years — so the FIA can finish ahead when the index is volatile and flat.
Are these results guaranteed?
No. The scenarios above are historical backtests using real S&P 500 calendar-year price returns with a 9.35% cap and 0% floor applied annually. Future S&P 500 returns are unknown, and actual crediting may differ by contract terms.
Is the Oceanview CapLock FIA available in my state?
Annuital is licensed in CT, FL, GA, MA, MI, NC, NH, OH, PA, RI, TX, and VT. Availability and exact terms vary by state — check the marketplace or speak with a licensed agent.
Important Disclosures: This calculator is an educational tool using historical S&P 500 calendar-year price returns from 1988–2024 (no dividends). Results are backtests, not projections or guarantees of future performance. The "win rate" and "defined outcome range" are derived from historical data and do not predict future results. The CapLock FIA is a 5-year product issued by Oceanview Life and Annuity; guarantees are backed solely by the claims-paying ability of the issuing carrier. Annuities are not FDIC insured, are not bank deposits, and may be subject to surrender charges for early withdrawals. The 9.35% cap and 0% floor define the annual crediting range — actual credited returns depend on index performance and may be lower than the cap. Product terms, caps, and availability vary by state. This is not financial or tax advice — consult a licensed professional.