NU Online News Service, Sept. 3, 2003, 4:46 p.m. EDT – The Phoenix Companies Inc., Hartford, has introduced the FreedomEdge deferred variable annuity.
Consumers can buy the annuity without paying front-end or back-end sales charges or surrender charges, Phoenix says.
Consumers can choose between making flexible or lump-sum premium payments, and the annuity offers a choice of two death benefit options and a menu of more than 50 investment options.