AXA Equitable Life Insurance Company

AXA Equitable Financial Strength

• A.M. Best: A+
• S&P: AA-
• Moody’s: Aa3
• Fitch:  AA-

AXA Equitable Company Facts

• Founded: 1870
• Located: New York, New York

Insurance Products

• Term Insurance
• Universal Life Insurance
• Whole Life Insurance
• Variable Universal Life

AXA Equitable Notes

• AXA Equitable offers consumers unique shorter term lengths like their 1 year annual renewable, 5, 10, 15, and 20 year term.
• AXA Equitable Insurance Company is financially strong. They are great for specific situations tailored to consumers who require more permanent product types such as Whole & Universal policies. For inexpensive term life, it might be better to look at another carrier.
• For consumers who need a financially strong and stable carrier for estate planning, permanent coverage, or cash value growth products – AXA Equitable could be a solid choice for you.

AXA Equitable Underwriting Niches

• Tobacco User Change in Status– If you are an AXA policy owner who was originally issued a policy with a Tobacco User status for the insured, you can request for a Non Tobacco underwriting class change as soon as the first policy year has passed. This change will require underwriting. This is a great option if you quit tobacco so you’re not stuck paying tobacco rates for the duration of your policy.
• Rating Reduction – Once again, after you have passed the first year of your policy with AXA, the Insured can apply for a reduction in their rating if you feel your health has improved. You will be required to go through underwriting to prove the change.

AXA Equitable Company History

AXA Equitable is just one of a few companies who started out in the 1800’s. AXA Equitable provides not only a national presence, but an international one. They are a top company even when compared to the biggest carriers in the U.S.A. AXA Equitable has total assets of over $500 billion.

AXA Brightlife Term Life Insurance

 Issue Ages:
18-75

Term Lengths:
1, 5, 10, 15, & 20 years

Coverage Amounts:
Available to $1 Million+ Can I convert to a Permanent product? YES Does this require a Medical Exam? YES Is there a No Medical Exam option? NO

Product Information

• Unique: AXA BrightLife Term is their term product which is quite unique from most other carriers in the term length availability alone.
• Riders: Available Brightlife term riders include their Living Benefit Rider, Children’s Term Rider, and Disability Waiver of Premium Rider.
• Living Benefits Rider (LBR): This rider is include at with your policy at no extra cost. The LBR allows the policy owner to get a portion of the death benefit if the insured happens to get a terminally illness diagnosis.
• BrightLife ART (Annual Renewable Term):  This feature will guarantee premiums for the 1st three years of your policy. Your premium will increase annually after policy year one. However, they will never go over the guaranteed maximum premium written within the policy.

AXA Equitable Brightlife Term Life Sample Quotes

AXA Equitable pricing samples below are based on 20-year term insurance policy rates for healthy non-smoking man with a Preferred Best health class rating. Samples are based on Monthly Rates.

AXA Interest Sensitive Whole Life

 Issue Ages:
0-85 years old

Coverage Length:
Lifetime

Coverage Amounts:
Minimum $50,000

Product Information

• Premiums: Your premiums will be level and a guaranteed minimum death benefit will be available for your policy as long as your policy is paid on time.
• Guarantee: A guaranteed minimum cash value will equal your policies death benefit when the insured reaches age 100.
• Riders: You can customize your policy with additional riders. The riders available are the Waiver of Premium Disability Rider, Children’s Term Rider, Living Benefits Rider.

AXA Brightlife Protect Universal Life

 Issue Ages:
0-85 years old

Coverage Length:
Up to Age 90

Coverage Amounts:
Minimum $50,000

Product Information

• Coverage to Age 90: Your policy will be guaranteed to age 90 if purchased at 50 years of age or older. It will be guaranteed for 40 years if bought under age 50.
• Choices. Your premiums can be directed to a Fixed Account with a guaranteed interest account. This will offer you a guaranteed rate of return.  You can also choose a Select Account which is an index-linked interest option connected to the S&P 500 price return index, subject to a cap, that provides upside cash value accumulation opportunities and a guaranteed 0% floor which protects you from losses from market performance.
• Long-Term Care Services Rider: BrightLife Protect will provide you the option of a Long-Term Care Services Rider for an additional charge which provides an accelerated death benefit that may be used to pay for long-term care expenses. There are some restrictions that may apply. Be sure to look at your outline of coverage and the policy rider form for more details.
• Flexible premium payments.  Your premiums can be reduced or skipped. A flexible policy that is adaptable to your changing financial goals and needs. This flexibility is available as long as your policy contains sufficient cash surrender value in order to pay monthly premium deductions. If you skip or reduce your premium payments it will reduce the cash value and increase the chance that your universal policy will lapse.
• Business Benefits. Depending on your business needs, your BrightLife policy can be used to protect your business. You can insure the business owner/policy holder, partners, or key employees. Your policy can also can be setup to aid transfer of business ownership in case a partner or another business-owner dies.