Wednesday, May 30, 2007
New Generation of Variable Annuities Provides More Flexibility and Benefit Options
AXA Equitable Life Insurance Co. today premiered enhancements to its Accumulator(R) series of variable annuities, including an expanded choice of "living benefits" and the unbundling of optional income and death benefits.
"The variable annuities that are available now are more sophisticated and offer more benefits than those from 10 years ago," said Barbara Goodstein, AXA Equitable's Executive Vice President of Marketing and Product Development. "In addition to securing guaranteed income for life and providing a legacy for loved ones, the new generation of annuities gives contract holders a great deal of flexibility. Americans who are at or near retirement can customize the living benefits that best match their needs and goals."
New Generation of Variable Annuities Provides More Flexibility and Benefit Options
Source: Insurance News Net
"The variable annuities that are available now are more sophisticated and offer more benefits than those from 10 years ago," said Barbara Goodstein, AXA Equitable's Executive Vice President of Marketing and Product Development. "In addition to securing guaranteed income for life and providing a legacy for loved ones, the new generation of annuities gives contract holders a great deal of flexibility. Americans who are at or near retirement can customize the living benefits that best match their needs and goals."
New Generation of Variable Annuities Provides More Flexibility and Benefit Options
Source: Insurance News Net
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