Monday, March 03, 2008
AXA Equitable Meets the Needs of Two People Under One Life Insurance Policy
Today AXA Equitable unveiled its new Athena Survivorship Universal Life(SM) III (Athena SUL III) insurance product, designed to deliver cost-effective death benefit protection to couples and business partners for their estate, business and charitable planning needs. By providing a death benefit upon the death of the surviving insured, Athena SUL III can be used to pay sizeable estate taxes and other expenses. Athena SUL III introduces a new Preferred Plus underwriting class and, for an additional charge, offers policyholders an optional Lapse Protection Rider (LPR) that guarantees the policy premium against fluctuations in interest crediting rates or increases in policy charges, as long as certain requirements are met. "Adding Athena SUL III to AXA Equitable's product portfolio," said Claude Methot, Senior Vice President and Chief Product Officer, who made today's announcement, "ensures that we're providing a wide range of solutions to meet every life insurance need, from a business' key person protection to a couple's wealth transfer."
AXA Equitable Meets the Needs of Two People Under One Life Insurance Policy
Source: PR Newswire
AXA Equitable Meets the Needs of Two People Under One Life Insurance Policy
Source: PR Newswire
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