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

Year
 
Prosperity Select
Guaranteed Death Benefit Paid to Heirs Income Tax-Free
CD
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

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.

Recoup loss chart

May Help Recoup Losses Suffered in Stock Market Crash

Recoup loss chart