Phoenix Adjusts Policy Dividend Scales for 2009

The Phoenix Companies, Inc. today announced that the board of directors of Phoenix Life Insurance Company voted to adjust the 2008 policy dividend scale effective January 1, 2009 for all policies. The adjustments will result in a dividend reduction for most of the life insurance policies in the closed block of business, as well as the open block.

Phoenix Adjusts Policy Dividend Scales for 2009
Source: Business Wire
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