In Brief: Phoenix Introduces Universal Life Policy

Phoenix Cos. Inc. said it had unveiled a universal life insurance product to help affluent clients address estate tax uncertainty, meet future income needs, or provide for continuation of a family business.

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The platform, Phoenix Estate Legacy IV, is flexible-premium survivorship universal life insurance with protection and accumulation features, the company said Wednesday. It is appropriate for people who are primarily concerned about the consequences of a survivor's death, as well as for couples who want to accumulate money for long-term goals.


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Wealth management
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