The Phoenix Cos. Inc. has formed a strategic alliance with The AltiSure Group, an annuity and life insurance design and distribution company, that will combine their expertise in developing innovative annuity and life insurance products. The companies also are launching a co-developed Secure Lifestyle Annuity Series, including The Secure Lifestyle and the Secure Lifestyle Bonus fixed indexed annuities, which were designed for both pre-retirees and retirees, says The Phoenix.
The Secure Lifestyle Annuity Series promises both the Safety Growth Strategy, an innovation in interest crediting, and the Guaranteed Income and Family Wealth Transfer Benefit (GIFT), which combines guaranteed lifetime withdrawals with an enhanced death benefit for one charge.
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