Mony Life Insurance
About the Company
Mony Life Insurance merged with AXA Financial Inc. in July 2004. Mony now operates under the AXA name.
The AXA Group is a worldwide leader in financial protection and wealth management. They have more than $1.386 trillion in assets under management. The company is headquartered in New York.
In addition to offering term life insurance, AXA also offers whole life, variable life, universal life, variable universal life, and survivorship life insurance. Additionally, they offer business services and annuities.
Term Life Insurance Products
AXA offers the following term life products:
The AXA Equitable products offer the following benefits:
- A death benefit if the policyholder passes on while the policy is in effect.
- Lower premiums than a permanent life policy.
AXA Equitable Term 10
- This policy offers affordable premiums that remain level for the life of your policy.
- The policy term is ten years.
- After the stated term is over, the premiums will increase annually, but will never exceed the guaranteed maximum.
AXA Equitable Term 20: This policy is the same as the AXA Equitable Term 10 except the policy lasts for twenty years.
AXA Equitable Term 30: This policy is also the same as the AXA Equitable Term 10, except the policy lasts for thirty years.
AXA Equitable ART
- This policy offers a relatively low first year premium.
- The premiums increase on an annual basis.
Mony Life Insurance Riders
The following riders are available on most term life products:
- Living Benefits Rider
- Disability Premium Waiver Rider
- Children's Term Insurance Rider
Mony Financial Ratings
A.M. Best: A+ (Superior)
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