Strategic Alliance Gives Retirees Annuity Product Options

Researching AnnuitiesThe Phoenix Companies Inc. is a new kind of insurance company. They offer a variety of insurances for all of life’s little tendencies, everything from commercial liability and property insurance to group medical and dental. The Phoenix Company also offers Life & Disability Income, which is where their strategic alliance with AltiSure Group comes into play. AltiSure Group is an annuity and life insurance design and distribution company. They design inventive life and annuity insurance products for distribution solely through their network of select Independent Marketing Organizations (IMOs).

Secure Lifestyle Annuity Series

The Secure Lifestyle Annuity Series is the resulting sequence of The Phoenix Companies Inc. and AltiSure Group’s strategic alliance. The Secure Lifestyle Annuity Series offers these two foremost benefits:

• The Safety Growth Strategy ensures that the account will continually grow year after year.
• Guaranteed Income and Family Wealth Transfer Benefit (GIFT) is an industry first that offers lifetime withdrawals and enhanced death benefits to clients.

The GIFT Benefit is an optional rider that offers clients a six percent roll-up in addition to its lifetime withdrawals and death benefits. It is truly one complete gift package. Clients also have the prospect of maximizing their income opportunities simply through the deferment of their withdrawals under their Guaranteed Lifetime Withdrawal Benefit (GLWB). These deferments will not in any way hinder the client’s protection under the enhanced death benefit at least until the beginning of the guaranteed withdrawals under the GLWB rider.

Secure Lifestyle Bonus Annuity

There is a ten percent premium bonus that is offered to clients with the Secure Lifestyle Bonus Annuity. This boosts the initial account value by an extra ten percent above the original premium when the contract was issued. The greatest perk of their Secure Lifestyle Bonus Annuity is that all of the interest is credited on the entire account value. This also includes the ten percent premium bonus!

PHL Variable Insurance

PHL Variable Insurance is a subsidiary of The Phoenix Companies Inc. that issues Secure Lifestyle Annuity and Secure Lifestyle Bonus Annuity. Both annuities are single premium, fixed index annuities. This single premium along with any received premium bonus and interest credited to the contract are all paid to a Separate Account or Segregated Asset Account. This Segregated Asset Account is exactly as its name implies, an account designed specifically to carry a client’s assets. This makes it easier for clients to understand and observe their accruing interest properly.

Great Companies Spawn Great Ideas

The Phoenix Companies Inc. is almost 160 years old and founded in 1851, and has established a track record of compassion and creativity.
AltiSure Group IMOs were responsible for more than four billion dollars of collective annuity premiums in 2009. It is no wonder that these two companies sought each other’s partnership and camaraderie.