AXA Equitable Life Insurance Company
In 2004, The Equitable Life Assurance Society of the United States, a wholly-owned insurance company since 1859, changed its name to AXA Equitable Life Insurance Company. This new name helped consolidate the global presence of its parent company, AXA Financial, a world leader in insurance. The AXA Group is now the third-largest insurance company in the world. AXA Equitable remains licensed in New York and has kept all products as they were before the change. But its association with AXA Financial and the AXA Group allows its clients to benefit from the global perspective of a corporation with a presence in over 50 countries. Total assets of the AXA Group are over $1.1 trillion. The assets of AXA Equitable alone are over $6.5 billion. AXA has over 50 million individual and corporate clients.
AXA Equitable Life has, from its beginnings, been an innovator. This company pioneered the idea of investment-based insurance in the US. It is also one of the oldest companies to offer life insurance in this country. Its term life insurance products are available across the nation, both through its offices and through purchase from independent insurance carriers.
Things to Remember About Term Life Insurance
- Policies are available for any length of time from one year to thirty years.
- This type of insurance is a good choice for insuring the ability to pay off a fixed debt.
- Term life insurance can allow individuals to buy a policy with a higher death benefit than a permanent life policy, for the same amount of money—an important consideration for young families.
- Buying term insurance can free income to invest at a higher yield than permanent insurance policies.
AXA Ratings
A.M. Best – A+, superior financial strength
Fitch – AA, very strong financial strength
Moody’s – Aa3, excellent financial strength
Standard & Poor’s – AA-, very strong financial strength
The financial strength of a company and potential for prolonged survival are represented by the above ratings.
AXA Equitable Company Information
1290 Avenue of the Americas
New York, New York 10104
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Last Updated: June 16, 2009
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