“We have seen a growing interest from pre-retirees for a financial solution that offers upside growth potential without the risk of losing principal due to volatility, and the Premier LifeStyle Annuity delivers on that delicate balance,” said Niju Vaswani, president of The AltiSure Group.Secure LifeStyle Offers Immediate Income Bonus and Enhanced Death Benefit Unlike other offerings available on the market, the Secure LifeStyle Bonus Annuity provides an immediate premium bonus of up to 8 percent, an income benefit base bonus of 20 percent, and potential increases of 7 percent simple interest each year thereafter as well as an enhanced death benefit. Secure LifeStyle Bonus Annuity provides immediate access to a consistent and reliable source of income, and there is an enhanced death benefit in excess of the initial premium until guaranteed income begins. “Retirees have faced many challenges over the past five years and some have experienced significant portfolio losses,” said Vaswani. “Secure LifeStyle Bonus Annuity offers an immediate boost to their account value and income benefit base, while providing peace of mind from an available enhanced death benefit should they never start the income stream.” The income benefit base is a value used to determine the fees and benefits for the rider, but it is not a guarantee of contract value or an amount available for a lump-sum withdrawal. The actual annual guaranteed withdrawal amount is determined by multiplying the benefit base by a withdrawal factor that is based on the covered person’s age at issue and age at first guaranteed withdrawal. Additional information about Premier LifeStyle Annuity and Secure LifeStyle Bonus Annuity can be found on The AltiSure Group’s website at www.altisure.com. BACKGROUND ON INDEXED ANNUITIES An indexed annuity allows individuals to benefit from growth in the market without the risk of direct investment in the market. When the index shows a positive performance above a specified threshold, “index credits” that are based on that performance are added to the account value. Unlike direct investments, the account does not lose any value when the index goes down because the index credit can never be negative. Annuities are long-term investments, particularly applicable for retirement planning. Withdrawals may be subject to surrender charges and taxes, as well as possible tax penalties if taken prior to age 59½. Indexed annuities that offer a premium bonus may have lower crediting rates and higher fees and charges than similar non-bonus annuities that may more than offset the benefit of the upfront bonus over time. ABOUT PHOENIX The Phoenix Companies, Inc. (NYSE:PNX) is a boutique life insurance and annuity company serving customers’ retirement and protection needs through select independent distributors. Headquartered in Hartford, Connecticut, Phoenix has a history of keeping its promises since 1851. For more information, visit www.phoenixwm.com. ABOUT THE ALTISURE GROUP The AltiSure Group is an annuity and life insurance product design and distribution company. They design innovative annuity and life insurance products for exclusive distribution through their network of select Independent Marketing Organizations (IMOs). The IMOs in The AltiSure Group network were responsible for a collective annuity premium of more than $5 billion in 2010. The AltiSure Group was founded and is currently managed by Niju Vaswani, President. Prior to starting The AltiSure Group, Mr. Vaswani was Chief Executive Officer of Transamerica Life Bermuda.
The Premier LifeStyle Annuity (10FIA, ICC09EIAN, 11GLWB2) and the Secure LifeStyle Bonus Annuity (10FIA, ICC09EIAN, 11GLWB2, 11GMDB-S.1) are single-premium indexed annuities issued by PHL Variable Insurance Company (“PHLVIC”), Hartford, CT, a subsidiary of The Phoenix Companies, Inc. These annuities are offered exclusively through The AltiSure Group. PHLVIC and The AltiSure Group are not affiliated. Product features and availability may vary by state. PHLVIC is not authorized to conduct business in NY and ME.Guarantees are based on the claims-paying ability of PHL Variable Insurance Company. BPD38415