Prosperity Select Single Premium Life Insurance

A concern many of us are faced with is protecting our financial legacy as we work a lifetime to provide financial security for our loved ones. Oxford Life designed Prosperity Select single premium life insurance for individuals interested in transferring wealth to their heirs with minimum tax and probate consequences. More information regarding the policy features and benefits can be found below.

See How Prosperity Select Stacks Up

Comparison to Investment Options

Prosperity Select Annuity CD/MM Stocks
Income Tax-Free Death Benefit Yes No No No
Tax-Deferred Accumulation Yes Yes No No
Immediate Estate Increase Yes No No No
Avoids Market Risk Yes Sometimes Yes No
Avoids Probate Costs Yes Yes No No
Accelerated Benefit Riders Yes Sometimes No No
Guaranteed Values Yes Sometimes Yes Yes

Comparison to a Taxable Certificate of Deposit

Prosperity Select
Guaranteed Death Benefit Paid to Heirs Income Tax-Free
Available to Heirs Net of Income Tax
1 $117,819 $50,900
5 $117,819 $54,665
10 $117,819 $59,768
15 $117,819 $65,341
20 $117,819 $71,437
25 $117,819 $78,102

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Prosperity Select Single Premium Life Insurance

Prosperity Select Policy Features

  • Prosperity Select available to individuals ages 55 to 80
  • Only one premium to pay for the life of the policy
  • Immediate increase in the value of your estate
  • A guaranteed cash value that increases each year
  • Safety from market fluctuations
  • Guaranteed Death Benefit
  • Immediate approval decision made during the point-of-sale interview
  • Liquidity features in case you have a financial emergency1
  • Accelerated benefits offered2
  • Chronic Illness Benefit
  • Terminal Illness Benefit
  • Nursing Home Benefit

May Help Recoup Losses Suffered in Stock Market Crash

The Oxford Life Prosperity Select plan may help you recoup losses that were suffered during a stock market crash, while eliminating stock market risk. For example, Mary, a 60-year-old female (non-tobacco, Tier 1) originally purchased $75,000 in a stock portfolio.

May Help Recoup Losses Suffered in Stock Market Crash