Annuity Products

What is an Annuity?
A life annuity is a financial contract, issued by a life insurance company, designed to provide payments to the holder at specified intervals, usually after retirement.

  • Guaranteed principal
  • Death benefit
  • Offers tax deferred retirement income
  • Can be structured to give you income for the rest of your life

Fixed Indexed Annuity
This is a special class of annuities offered by PHP that yields returns on your contributions based on a specific equity-based “index,” such as the S&P 500. With an Indexed Annuity there is a guaranteed minimum return, so even if the stock index does poorly, the holder will not lose any part of his investment. Conversely, the yields will be somewhat lower due to caps and fee-related deductions.

  • Offers tax-deferred, retirement income
  • For investors who seek protection of capital
  • Can be structured to give you income for the rest of your life