With thousands of life insurance companies to choose from it can be difficult to know which company to choose. In the following review of AXA Equitable Life Insurance Company we will cover the pros, cons, and offer a recommendation. Are you considering AXA Equitable Life as your life insurance provider?
Review of AXA Equitable Life Insurance Company
If you are looking for AXA Equitable Life Insurance Reviews, you are in the right place! AXA Equitable is a top rated life insurance company and currently an honorable mention in our best term life insurance policies list.
AXA Equitable Life Insurance Company Reviews
About AXA Equitable Life Insurance Company
AXA Equitable was established in 1859 as Equitable Life Insurance Society of America. AXA Equitable Financial Services, LLC is a global leader in insurance. In 2014, the Company celebrated its sixth consecutive year as the #1 insurance brand in the world according to the Interbrand annual report. AXA Equitable Life Insurance Company is an awesome company on solid financial footing.
The company operates under the following brands:
- AXA Equitable Life Insurance Company,
- AXA Advisors, LLC,
- AXA Distributors, LLC,
- AllianceBernstein, LP, and
- MONY Life Insurance Company of America.
AXA Equitable Life Insurance Company’s Ratings
All AXA Equitable Life Insurance reviews will need to address the Company’s strong ratings. A.M. Best Company, the flagship rating agency, gives AXA Equitable an A+ rating. Standard and Poor’s rates AXA Equitable an A+ rating. AXA Equitable is financially strong with over $584.9 billion in assets as of August 15, 2015.
|A.M. Best Co.||A+||“Superior”||2nd highest of 16||As of 08/15|
|Fitch||AA-||“Very Strong”||4th highest of 21||As of 06/16|
|Moody’s||Aa3||“Excellent”||4th highest of 21||As of 09/16|
|Standard & Poor’s||A+||“Strong”||5th highest of 21||As of 10/15|
In the following section of this AXA Equitable Life Insurance Review we will cover the pros to choosing AXA Equitable Life as your insurance provider.
Products Offered by AXA Equitable Life Insurance Company
AXA Equitable offers both term life and permanent life insurance.
Interest Sensitive Whole Life
Cash value life insurance benefits include:
- Guaranteed Cash Value
- Guaranteed Premium
- Tax Deferred Cash Value Accumulation
BrightLife Universal Life
AXA Equitable also offers three varieties of Universal Life Insurance: Universal, Indexed and Variable Life.
AXA Equitable BrightLife Term
Guaranteed level term life available in 1 (ART) , 10, 15, 20 year terms. 10 year term available for ages 18-75. Term policies are guaranteed renewable to age 95. Annual renewable term (ART) rate may be locked in for years 1-3, with face amounts as low as $100,000.
Available Term Riders
- Conversion available to lesser of the end of the policy term or age 70.
- Disability Premium Rider available for ages 18-59.
- Children’s term rider insuring insured’s children from $1,000-$25,000.
- Living benefits rider available for 75% of face amount or $500,000, whichever is less. Not available in NJ or WA.
AXA Equitable Life Insurance niches
- Excellent company for clients with high cholesterol levels. Total cholesterol is not as important as the overall good cholesterol to bad cholesterol ratio. A client with a total cholesterol level of 300 can still qualify for preferred elite, the top rate class.
- Height to weight chart is slightly looser offering a greater chance of best rate class for those who have larger builds.
- Tobacco users can request status change to non tobacco after the first policy year. Underwriting is required.
AXA Equitable has some of the top life insurance rates by age.
Sample $500,000 AXA Equitable BrightLife Quotes
Sample AXA Equitable term life insurance quotes are based on a 40 year old male non-tobacco preferred elite as of September 20, 2016. Rates are subject to change and must be qualified for.
|Face Amount||10 Year||15 Year||20 Year|
S.T.E.P. (Smart Total Evaluation Program)
S.T.E.P. is a program offered through AXA Equitable that allows for a “step” up in health rate classification based on a potential client’s healthy lifestyle.
In the following section of this AXA Equitable Life Insurance Review we will cover the cons to choosing AXA Equitable as your life insurance provider.
AXA Equitable Life is but One of Many
As is the case of every insurance carrier, AXA Equitable Life simply cannot serve the needs of every client. AXA Equitable is but one of many life insurance companies available. We work with the best life insurance companies in the U.S. Let us help you find the best company at the best price—for you!
We at TermLife2Go have a recommendation for anyone considering a life insurance policy from AXA Equitable for life insurance. Give us a call and let us see if AXA Equitable Life is the best company with the best price for your life insurance needs. If the Company happens to be the best offer for you we will let you know. However, with dozens of top rated life insurance companies and no medical exam life insurance companies to choose from, you might save thousands of dollars over the life of your insurance policy by going with another life insurance provider.
We do not favor one life insurance company over another. Instead, we find out what you need and then we recommend the lowest priced, best life insurance company to meet your specific need. Therefore, if price matters to you, give us a chance to earn your business. We are here to serve you!
For a free life insurance consultation and for free quotes from AXA Equitable and dozens of other top rated best life insurance companies, please call us today!
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