Thursday, December 01, 2005

 

Phoenix Withdrawal Benefit Can Protect Spouse

The Phoenix Companies Inc. has introduced a deferred variable annuity with a living benefit rider that can guarantee income for a surviving husband or wife.

Phoenix, Hartford, says the company's new Lifetime Guaranteed Minimum Withdrawal Benefit for 2 rider is the only deferred VA income guarantee rider that can switch benefits to a surviving spouse.

Phoenix Withdrawal Benefit Can Protect Spouse
Source: National Underwriter (subscription required)

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