Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Life Health > Life Insurance > Term Insurance

Phoenix Updates VUL Product

Your article was successfully shared with the contacts you provided.

NU Online News Service, March 21, 2005, 4:11 p.m. EST

A Hartford insurer is lowering mortality and expense charges for purchasers of one of its top-selling variable-universal life policies.[@@]

The insurer, The Phoenix Companies Inc., says it will be lowering rates for many risk classes for purchasers of its Phoenix Edge VUL product as well as cutting M&E charges.

The M&E charges will fall for customers who choose a long-term performance option at purchase, Phoenix says.

Phoenix also is lowering rates for an optional term rider that offers annually renewable term coverage to age 100, the company says.

Phoenix writes the Phoenix Edge VUL policies through its PHL Variable Insurance Company unit.


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.