Q:

What are some services provided by AXA Equitable Life Insurance Company?

A:

Quick Answer

AXA Equitable Life Insurance Company provides services such as mutual investments, variable annuities, life insurance, and brokerage and advisory accounts. The company offers the products to help its clients protect their businesses or families, prepare for retirement, invest and save, as stated by AXA Equitable Life Insurance Company.

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Full Answer

Life insurance protects a family's financial security in the event of an untimely death. However, some life insurance plans also help individuals save and invest to build wealth during their lifetime. Life insurance is critical because it helps support the goals and dreams of any dependents, provides for the needs of a family, pays taxes and debt after death, and provides funds for starting a business or buying property, as stated by Forbes.

Annuities are products designed for retirement. Earnings growth in annuities is tax-free until an individual withdraws the money. Contributions to a retirement savings plan may be tax deductible, reducing a tax bill, as stated by the IRS. Annuities protect against the risk of loss of income in old age. An individual may receive future payments for the rest of his life.

AXA Equitable Life Insurance Company offers investment products such as mutual funds that help clients grow their wealth and manage risks. The company provides a financial professional who helps create a plan and define a strategy to ensure the investor achieves his unique investment goals. Mutual funds offer investors a return on the principal, according to Entrepreneur.

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