AXA Equitable Offers Clients a Way to Increase Their Life Insurance Policy's Cash Surrender Value.
Publication Date: 15-JAN-08
Publication Title: PR Newswire
Format: Online

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Description

New Rider Offsets Liquidity Issues for Wealthy Individuals and Corporations

NEW YORK, Jan. 15 /PRNewswire/ -- Sometimes liquidity is an issue when wealthy individuals or businesses require substantial amounts of life insurance protection. That's why AXA Equitable introduced today in approved jurisdictions a new Cash Value Plus Rider on its Athena Universal Life(SM) Death Benefit product (Athena UL-DB(SM) CVPlus Rider). Whether it's protecting a family's financial future or a successful business, the CVPlus Rider reduces the need to tie up other assets or obtain letters of credit as collateral when financing life insurance. The announcement was made by Claude Methot, Senior Vice President and Chief Product Officer of AXA Equitable.

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