Attached files
Exhibit 23(b)-Consent of Counsel
Securities and Exchange Commission
100 F Street, N.E.
Washington, D.C. 20549
PHL Variable Insurance Company
One American Row
Hartford, CT 06102-5056
July 1, 2010
| Re: | PHL Variable Insurance Company |
| Initial Registration Statement on Form S-1 (File No. 333-XXXXXX) |
| Phoenix Guaranteed Income Edge® to be offered with Model Portfolios advised by The Institute for Wealth Management, LLC |
Ladies and Gentlemen:
This opinion is furnished in connection with the filing of this Initial Registration Statement (“Initial Registration”) on Form S-1 under the Securities Act of 1933 for PHL Variable Insurance Company’s Contingent Annuity Contract (“Contract”).
As an attorney for PHL Variable Insurance Company (“PHLVIC”), I provide legal advice to PHLVIC in connection with the operation of its SEC registered and variable products. In this role I am familiar with the Initial Registration Statement for the Contract. I have made an examination of the law and the documents as in my judgment are necessary or appropriate to enable me to render the opinion expressed below.
I am of the following opinion:
| 1. | PHLVIC is a valid corporation, organized and operated under the laws of the State of Connecticut and is subject to regulation by the Connecticut Commissioner of Insurance. |
| 2. | The Contract, when properly issued, is a legal and binding obligation of PHLVIC, enforceable in accordance with its terms and applicable state and federal law. |
I hereby consent to the use of this opinion as an exhibit to the Initial Registration Statement.
| Yours truly, | ||
| By: | /s/ Kathleen A. McGah | |
| Kathleen A. McGah | ||
| Vice President and Assistant Secretary | ||
| PHL Variable Insurance Company | ||