NEWS FROM VANTIS LIFE INSURANCE COMPANY
For Immediate Release
Contact: Craig Simms
Senior Vice President of Marketing
(East Hartford, CT) – April 5, 2006 – PFIC Corporation, a specialist in the distribution of insurance and investment products through financial institutions, has selected Vantis Life Insurance Company to provide life insurance and annuity services to its more than 100 financial institution clients. Vantis Life’s online quote and submit solution will be available to help PFIC clients provide easy-to-buy life insurance products to their customers. PFIC’s clients are located throughout the United States.
“PFIC delivers turnkey execution of fixed annuities, securities, and life insurance products for mass distribution through financial institutions,” notes Craig Simms, Senior Vice President of Vantis Life. “Because Vantis Life is focused on providing protection products for the large, underserved middle market, this partnership is an excellent fit. We look forward to showing PFIC clients how to protect their customers with easy-to-buy life insurance and annuity products.”
“Because Vantis Life is a specialist, we are confident that our financial institution clients will be pleased with the focus and execution of their life insurance program,” states Mary Simmons, Executive Vice President at PFIC Corporation. “Vantis Life is singularly focused on helping middle and upper middle families protect themselves with simple products purchased through financial institutions. We expect great things from the partnership.”
About Vantis Life
Founded in 1942, Vantis Life makes life insurance affordable for hard-working American families. With the financial strength of more than $700 million in assets and an “A-Excellent” rating from A.M. Best, Vantis Life is sold by licensed representatives at financial institutions and through a professional, licensed direct sales force in the Company’s Windsor, Connecticut headquarters.
Vantis Life’s complete, easy-to-sell product line includes underwritten term and whole life insurance, simplified issue term and whole life insurance, single premium whole life and guaranteed issue senior products. All products are quoted and applications are submitted via AgentWebsm, Vantis Life’s exclusive online solution that speeds the application process at the point of sale and eliminates administrative errors. For more information about Vantis Life Insurance Company, visit www.vantislife.com.
About PFIC Corporation
PFIC Corporation and its wholly owned subsidiary PFIC Securities Corporation, a full-service broker-dealer since 1994, specialize in the distribution of non-traditional insurance and investment products through financial institutions located throughout the United States. More information is available at www.pficonline.com.
© Copyright 2006 Vantis Life Insurance Company
Vantis Life Insurance Company, 200 Day Hill Road, Windsor, CT 06095