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The Phoenix Companies Inc. (NYSE: PNX) introduced the Phoenix Personal Protection Choice Annuity, a single premium fixed indexed annuity. For an additional fee, annuity holders can combine up to three different benefits, including lifetime income, chronic care and an enhanced death benefit, to create a customized solution. Designed for individuals approaching or already in retirement, the annuity includes six indexed accounts, a fixed account and principal protection from investment loss.

Issued by PHL Variable Insurance Co., a Phoenix insurance subsidiary, the product is available through independent distributors working with Saybrus Partners.

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