The Phoenix Companies, Inc. has introduced  of the Premier LifeStyle Annuity, a single premium indexed annuity with four indexed accounts, principal protection from investment loss and a guaranteed lifetime withdrawal benefit.

Designed for both pre-retirees and retirees, the Premier LifeStyle Annuity is available exclusively through The AltiSure Group and offers an innovative blend of product features.

The Premier LifeStyle Annuity offers two unique benefits:

1. The Safety Growth Strategy, which is an index crediting strategy which allows for greater growth potential than traditional cap crediting strategies, and
2. The Enhanced Guaranteed Income and Family Wealth Transfer Benefit (Enhanced G.I.F.T. Benefit), which combines guaranteed lifetime withdrawals with an enhanced death benefit for one charge.

The Enhanced G.I.F.T. Benefit is an optional rider that offers clients guaranteed lifetime withdrawals, even if the annuity's account value is reduced to zero. The guaranteed withdrawal amount is calculated using the income benefit base in combination with an age-based withdrawal rate. The income benefit base is based on a 12 percent simple (non-compound) interest roll-up of the income benefit base for the first 14 contract years, and an 11 percent simple interest roll-up for life thereafter, prior to the start of guaranteed withdrawals. The rider also features an enhanced death benefit based on a 6 percent compound roll-up of the death benefit base prior to age 70, and a 5 ½ percent compound roll-up between ages 70 and 85, not to exceed double the premium. Clients can maximize their income opportunity by deferring the start of withdrawals under the Enhanced G.I.F.T. Benefit, while remaining protected by the enhanced death benefit until the beginning of the guaranteed withdrawals.