U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 24F-2
Annual Notice of Securities Sold
Pursuant to Rule 24f-2
Read instructions at end of Form before preparing Form.
Please print or type
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1. Name and address of issuer:
PHL Variable Accumulation Account
PHL Variable Insurance Company
One American Row
Hartford, CT 06115
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2. Name of each series or class of funds for which this notice is filed:
Balanced Sub-Account
Bond Sub-Account
Growth Sub-Account
International Sub-Account
Money Market Sub-Account
Total Return Sub-Account
Real Estate Sub-Account
Wanger International Small Cap Sub-Account
Wanger U.S. Small Cap Sub-Account
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3. Investment Company Act File Number: 811-8914
Securities Act File Number: 33-87376
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4. Last day of fiscal year for which this notice is filed:
December 31, 1995
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5. Check box if this notice is being filed more than 180 days after the close
of the issuer's fiscal year for purposes of reporting securities sold
after the close of the fiscal year but before termination of the issuer's
24f-2 declaration:
[ ]
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6. Date of termination of issuer's declaration under rule 24f-2(a)(1), if
applicable (see instruction A.6):
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7. Number and amount of securities of the same class or series which had been
registered under the Securities Act of 1933 other than pursuant to rule
24f-2 in a prior fiscal year, but which remained unsold at the beginning
of the fiscal year:
None
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8. Number and amount of securities registered during the fiscal year other
than pursuant to rule 24f-2:
None
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<PAGE>
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9. Number and aggregate sale price of securities sold during the fiscal
year:
14,825,573 units $15,105,133
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10. Number and aggregate sale price of securities sold during the fiscal year
in reliance upon registration pursuant to rule 24f-2:
14,825,573 $15,105,133
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11. Number and aggregate sale price of securities issued during the fiscal
year in connection with dividend reinvestment plans, if applicable (see
instruction B.7):
None
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12. Calculation of registration fee:
(i) Aggregate sale price of securities sold during the fiscal
year in reliance on rule 24f-2 (from Item 10): $15,105,133
(ii) Aggregate price of shares issued in connection with
dividend reinvestment plans (from Item 11, if applicable): +_______
(iii) Aggregate price of shares redeemed or repurchased
during the fiscal year (if applicable): - 9,797
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(iv) Aggregate price of shares redeemed or repurchased
and previously applied as a reduction to filing fees
pursuant to rule 24e-2 (if applicable): +_______
(v) Net aggregate price of securities sold and issued during
the fiscal year in reliance on rule 24f-2 [line (i),
plus line (ii), less line (iii), plus line (iv)
(if applicable): 15,095,336
(vi) Multiplier prescribed by Section 6(b) of the Securities Act
of 1933 or other applicable law or regulation (see
Instruction C.6): x 1/2900
(vii) Fee due [line (i) or line (v) multiplied by line (vi)] $5,205.29
Instruction:Issuers should complete lines (ii), (iii), (iv), and (v) only if
the form is being filed within 60 days after the close of the
issuer's fiscal year. See Instruction C.3.
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13. Check box if fees are being remitted to the Commission's lockbox
depository as described in section 3a of the Commission's Rules of
Informal and Other Procedures (17 CFR 202.3a).
[X]
Date of mailing or wire transfer of filing fees to the Commission's
lockbox depository: February 26, 1996
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<PAGE>
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SIGNATURES
This report has been signed below by the following persons on behalf of
the issuer and in the capacities and on the dates indicated.
By (Signature and Title)* /s/ Richard J. Wirth
------------------------------
Richard J. Wirth, Counsel
-------------------------------
Date 2/26/96
*Please print the name and title of the signing officer below the signature.
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funds\2069
<PAGE>
February 26, 1996
PHL Variable Accumulation Account
One American Row
Hartford, CT 06115
RE: Registration Statement Nos. 33-87376 and 811-8914
Gentlemen:
In my capacity as in-house counsel to Phoenix Home Life Mutual Insurance
Company, I have served as counsel to the PHL Variable Accumulation Account in
connection with the registration on Form N-4 of an indefinite number of its
units of beneficial interest under the Securities Act of 1933 and the
subsequent notification with respect to 14,825,573 such units sold in
reliance upon Rule 24f-2 under the Investment Company Act of 1940 during the
fiscal year ended December 31, 1995 (the "Units").
Based on my review of the relevant materials, it is my opinion that the
Units are legally issued, fully paid and non-assessable. I consent to the use of
this opinion in connection with the Form 24F-2 to be filed with the Securities
and Exchange Commission.
Very truly yours,
/s/ Richard J. Wirth
Richard J. Wirth
phl\588
