Introducing Nassau FIA Portfolio

We are pleased to announce that effective April 15, 2019, our suite of fixed indexed annuities (FIAs) will include products issued by Nassau Life and Annuity Company:

  • NassauSM Personal Income Annuity
  • Nassau Personal Protection ChoiceSM
  • Nassau Personal Retirement ChoiceSM

This new Nassau FIA portfolio will replace the currently available Phoenix FIAs, subject to state availability. In states where approvals are still pending, we will continue to offer the Phoenix FIAs. We have planned this change to be as seamless as possible for our IMO partners and producers.

  • No action is needed for appointment with Nassau Life and Annuity Company. Active producers will be pre-appointed. All other appointments will be handled on a just in time basis.
  • No new product training is required for the Nassau FIA products, provided that the training modules for the Phoenix FIAs have already been completed.
  • Where available, the Nassau FIA will replace the corresponding Phoenix FIA. Please note the following important product variations:
    • Nassau FIAs have a fixed maturity date vs. the flexible maturity date available on Phoenix FIAs. Clients’ whose primary objective is income guarantees should consider purchasing a product with a GLWB rider.
    • The Nassau FIA available in Florida, Montana, Oklahoma, South Carolina and Wisconsin will have a different surrender charge schedule than the previously available Phoenix FIA had. Click here for a reference sheet of issuing companies and surrender schedules by state, which will be updated continuously and can be accessed on the product State Availability page on SalesNet.
  • Applications for FIAs issued by PHL Variable Insurance Company will be accepted through June 30, 2019.
  • New state-specific applications and forms and marketing materials will be available on on April 15. All marketing orders received April 10-12 will be held and shipped out with updated materials on April 15.



Fixed indexed annuities issued by Nassau Life and Annuity Company (Hartford, CT) and PHL Variable Insurance Company (Hartford, CT). Nassau Life and Annuity Company is not authorized to conduct business in CA, GA, LA, MA, ME, MN and NY. PHL Variable Insurance Company is not authorized to conduct business in ME and NY. Nassau Life and Annuity Company and PHL Variable Insurance Company are subsidiaries of Nassau Re.


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Marily RajpoltIntroducing Nassau FIA Portfolio