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0 AXA Equitable Life Insurance Company MONY Life Insurance Company of America GE93557 (4/14) expires (4/16) Welcome.

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Presentation on theme: "0 AXA Equitable Life Insurance Company MONY Life Insurance Company of America GE93557 (4/14) expires (4/16) Welcome."— Presentation transcript:

1 0 AXA Equitable Life Insurance Company MONY Life Insurance Company of America GE93557 (4/14) expires (4/16) Welcome

2 1 For people seeking more wealth, retirement income and life insurance protection. AXA Equitable Life Insurance Company MONY Life Insurance Company of America Pursuing Wealth and Income Opportunities with BrightLife SM Grow Life Insurance

3 22 Pursuing wealth, income and financial security through life insurance What we’ll cover today… Choosing the right products Understanding the BrightLife Grow difference What’s next for you?

4 3 68% 32% Recognize the need to provide financial protection to your family through life insurance Appreciate how life insurance can provide new wealth and income opportunities Understand the simple medical underwriting process to demonstrate you’re insurable Before we get started…

5 4 Choosing the Right Products More Wealth and Income Building wealth starts with savings, but compounds through returns BrightLife SM Grow Difference 68% 32% Source: McKinsey Global Institute (December 2011). For the 1995 – 2010 period, financial asset appreciation represented 68% of total US household financial asset gains, with net savings representing the remaining 32%. Investment Returns Savings 100% What’s Next?

6 5 Savings 401(k) Pension Social Security Annuity Part-time Work Choosing the Right Products More Wealth and Income BrightLife SM Grow Difference Your income in retirement can come from many sources What’s Next?

7 6 Choosing the Right Products BrightLife SM Grow Difference A lifetime of financial security requires prudent planning EducationSecond HomeHealthcareRetirement More Wealth and Income What’s Next?

8 7 Your financial plan must address challenges as you pursue: Wealth Retirement income Financial security Choosing the Right Products BrightLife SM Grow Difference More Wealth and Income What’s Next?

9 8 Choosing the Right Products More Wealth and Income BrightLife SM Grow Difference Your challenges may include: Maintaining your lifestyle Market volatility Tax burden and uncertainty Inflation What’s Next?

10 9 Choosing the Right Products BrightLife SM Grow Difference More Wealth and Income What’s Next? Hundreds of product providers, How do you choose? thousands of products…

11 10 More Wealth and Income Flexibility What are the fees and charges? Choosing the Right Products BrightLife SM Grow Difference Cost-efficiency What is the tax impact on asset accumulation and income distribution? Tax-efficiency Are you confident you’ll get the results you want? Reliability If something changes in your life, can you easily make adjustments? What’s Next? Is the product specifically engineered to address your defined needs? Focus

12 11 More Wealth and Income Introducing BrightLife SM Grow Protect your loved ones Potentially build wealth through cash value accumulation and generate income streams for retirement Choosing the Right Products BrightLife SM Grow Difference What’s Next?

13 12 Choosing the Right Products BrightLife SM Grow Difference Choosing the Right Products Enabling you to participate in the equity markets S&P Year Treasury Bond 11.50% 3.57% 5.21% 3-Month Treasury Bill Clients cannot invest directly in the S&P 500 Index; past performance is no guarantee of future results. Source: Federal Reserve database in St. Louis (FRED). The Treasury bill rate is a 3-month rate and Treasury bond is the constant maturity 10-year bond, which includes coupon and price appreciation. Annual Return on Investments, 1928–2013 Compound value of $100 invested on 1/1/1928: $255,553$6,296$1,973 More Wealth and Income What’s Next? BrightLife SM Grow Difference

14 13 Choosing the Right Products More Wealth and Income BrightLife SM Grow Difference Source: Standard & Poor's. This hypothetical chart reflects annual performance of the S&P 500 Index and the annual performance of the S&P 500 Index with a 0% floor and 10% annual cap for the time period noted on the chart. This chart does not represent actual performance of the BrightLife Grow Indexed Option. The 10% cap is the current cap rate for the S&P 500 Core Indexed Account on BrightLife Grow as of March 2014 and is subject to monthly change after this date. This cap rate is not guaranteed. Please note, this chart does not include expenses associated with BrightLife Grow, including but not limited to the front end load, monthly administrative charge, face amount administrative charge, monthly segment charge, cost of insurance charge, additional benefit rider costs and the 15-year surrender charge. If expenses had been reflected, the Indexed Account amounts would be lower. Your actual performance in BrightLife Grow will be different. You cannot invest directly in the S&P 500 Index. Past performance of the S&P 500 Index is no guarantee of future results. S&P 500 Index S&P 500 Index with 10% cap, 0% floor Providing 0% floor protection Dot.com Collapse Great Recession What’s Next? 2,000 1,500 1, S&P 500 Index Value

15 14 BrightLife SM Grow Difference Choosing the Right Products Shielding you from tax uncertainty More Wealth and Income What’s Next?

16 15 With Tax Deferral, Before Withdrawal Without Tax Deferral BrightLife SM Grow Difference Choosing the Right Products $466,096 $100,000 $284,129 Initial Investment Minimizing your tax burden through tax deferral This illustration shows growth over a 20-year period and assumes an 8% annual return and a 33% tax rate. This hypothetical chart does not represent actual performance of any specific product. Please note, this chart excludes expenses associated with BrightLife Grow including but not limited to the front end load, monthly administrative charge, face amount administrative charge, monthly segment charge, cost of insurance charge, additional benefit rider costs and the 15-year surrender charge. If expenses had been reflected, the tax deferral amounts would be lower. Your actual performance with BrightLife Grow will be different. More Wealth and Income What’s Next?

17 16 Choosing the Right Products BrightLife SM Grow Difference Hypothetical illustration assumes male policy owner, 45, preferred, non-tobacco user. Policy has $500,000 face amount. Initial DB Option B, switched to A in year 20. $20,000 annual premium paid years $40,000 annual distributions in years (withdrawal to basis, then fixed loans). Industry average represented by 11 competitor products. Keeping product costs low $150,0000 $100,000 $50,000 0 Cumulative Costs Average Top Providers BrightLife Grow Age 11% to 23% lower cost in first 20 years More Wealth and Income What’s Next?

18 17 Choosing the Right Products BrightLife SM Grow Difference Adding a new source of potential retirement income YOUR LIABILITIES YOUR HOUSEHOLD BALANCE SHEET IN RETIREMENT HealthcareFoodHousing TransportationFun YOUR ASSETS More Wealth and Income What’s Next?

19 18 Choosing the Right Products BrightLife SM Grow Difference Adding a new source of potential retirement income YOUR HOUSEHOLD BALANCE SHEET IN RETIREMENT YOUR ASSETSYOUR LIABILITIES More Wealth and Income What’s Next? HealthcareFoodHousing TransportationFun Tax Deferred Taxable IRA Social Security 401(k) Annuities Taxable financial assets Potential Tax Free Income BrightLife Grow

20 19 Choosing the Right Products BrightLife SM Grow Difference Taxable AccountTax-Deferred Account $13,279 $27, years of asset accumulation Providing more annual income in retirement More Wealth and Income What’s Next? This illustration is for a $500,000 Death Benefit on a 45 year old with an underwriting status of preferred no tobacco male and assumes an 8% annual return and a 33% tax rate with initial investment of $100,000 that grows with and without tax deferral over a 20-year period. This hypothetical chart does not represent actual performance of any specific product. Please note, this chart excludes expenses associated with BrightLife Grow including but not limited to the front end load, monthly administrative charge, face amount administrative charge, monthly segment charge, cost of insurance charge, additional benefit rider costs and the 15-year surrender charge. If expenses had been reflected the tax deferral amounts would be lower. Your actual performance with BrightLife Grow will be different. The annual income assumes a systematical withdrawal of equal amounts from age 65 – 100.

21 20 Choosing the Right Products More Wealth and Income BrightLife SM Grow Difference Enabling easy access to cash for planned and unplanned expenses Cash Surrender Value Tax-Free Loans* Loan value is repaid by the beneficiaries with income tax-free death benefit What’s Next? *See slide 22 for Important Information on policy loans.

22 21 Choosing the Right Products More Wealth and Income BrightLife SM Grow Difference Offering an option to cover long term care expenses What’s Next? Cash Surrender Value “Advance” on life insurance benefits through policy loans and withdrawals* Remaining value paid to beneficiaries at death *See slide 22 for Important Information on policy loans.

23 22 Under current federal tax rules, you generally may take federal income tax-free withdrawals up to your basis (total premiums paid) in the policy or loans from a life insurance policy that is not a Modified Endowment Contract (MEC). Certain exceptions may apply for partial withdrawals during the policy’s first 15 years. If the policy is a MEC, all distributions (withdrawals or loans) are taxed as ordinary income to the extent of gain in the policy, and may also be subject to an additional 10% premature distribution penalty prior to age 59½, unless certain exceptions are applicable. Loans and partial withdrawals will decrease the death benefit and cash value of your life insurance policy and may be subject to policy limitations and income tax. In addition, loans and partial withdrawals may cause certain policy benefits or riders to become unavailable and may increase the chance your policy may lapse. If the policy lapses, is surrendered or becomes a MEC, the loan balance at such time would generally be viewed as distributed and taxable under the general rules for distribution of policy cash values. Before we continue, consider…

24 23 Choosing the Right Products More Wealth and Income BrightLife SM Grow Difference What’s Next? Protect your loved ones Build wealth through cash value accumulation Efficiency Reliability Flexibility Generate retirement income Helping you:

25 24 What’s Next? BrightLife SM Grow Difference BrightLife SM Grow Difference Choosing the Right Products Are you concerned about market volatility? Is saving on taxes important to you? Is wealth accumulation your primary goal? Is estate planning or business succession a top concern? More Wealth and Income

26 25 BrightLife SM Grow Difference Choosing the Right Products What’s next for you? More Wealth and Income What’s Next?

27 26 AXA Equitable Life Insurance Company and MONY Life Insurance Company of America also offer a universal life insurance policy with an index-linked interest option called BrightLife Protect. BrightLife Protect contains many similar provisions to BrightLife Grow; however, it is designed to provide comparatively more cost effective death benefit protection. BrightLife Grow also provides death benefit protection, but is designed with more of a focus upon the potential accumulation of higher cash values. With higher funding levels, BrightLife Grow would generally be expected to provide higher cash values than BrightLife Protect for the same insured at the same face amount. With relatively lower funding levels for the same insured, BrightLife Protect is likely to be more efficient in providing death benefit protection. BrightLife SM Protect Another option for another need

28 27 S&P ® Standard & Poor’s, S&P 500 ® and Standard & Poor’s 500 TM are trademarks of Standard and Poor’s and have been licensed for use by AXA Equitable. BrightLife SM Protect and BrightLife SM Grow are not sponsored, endorsed, sold or promoted by Standard & Poor’s and Standard & Poor’s does not make any representation regarding the advisability of investing in the products. The Russell 2000 ® Index is a trademark of Russell Investment and has been licensed for use by AXA Equitable. BrightLife SM Grow is not sponsored, endorsed, sold or promoted by Russell Investments and Russell Investments makes no representation regarding the advisability of investing in the product. The product referred to herein is not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such product or any index on which such product is based. The policy contains a more detailed description of the limited relationship MSCI has with AXA Equitable and any related products. “AXA” is a brand name of AXA Equitable Financial Services, LLC and its family of companies, including AXA Equitable Life Insurance Company (NY, NY), MONY Life Insurance Company of America (AZ stock company, administrative office: Jersey City, NJ), AXA Advisors, LLC, and AXA Distributors, LLC. AXA S.A. is a French holding company for a group of international insurance and financial services companies, including AXA Equitable Financial Services, LLC. This brand name change does not change the legal name of any of the AXA Equitable Financial Services, LLC companies. The obligations of AXA Equitable Life Insurance Company and MONY Life Insurance Company of America are backed solely by their claims-paying ability. The purpose of this method of marketing is solicitation of insurance, and contact may be made by an insurance agent, producer, insurance company or insurance agency. Please be advised that this presentation is based on our general understanding of federal income tax rules for U.S. individuals and is not intended as legal or tax advice. Accordingly, any tax information provided in this website is not intended or written to be used, and cannot be used, by any taxpayer for the purpose of avoiding penalties that may be imposed on the taxpayer. The tax information was written to support the promotion or marketing of the transaction(s) or matter(s) addressed, and you should seek advice based on your particular circumstances from an independent tax advisor. This presentation is not intended to be a complete description of the BrightLife SM Grow and BrightLife SM Protect products. Please consult your financial professional for more complete details. BrightLife SM Grow and BrightLife SM Protect is a flexible premium universal life insurance policy with index-linked interest options. Life insurance is subject to exclusions and limitations and terms for keeping it in force. Certain types of policies, features and benefits may not be available in all jurisdictions or may be different. For costs and complete details of coverage, contact your financial professional. BrightLife SM Grow and BrightLife SM Protect is a service mark of AXA Equitable Life Insurance Company, New York, NY BrightLife SM Grow and BrightLife SM Protect is issued in New York and Puerto Rico by AXA Equitable Life Insurance Company (AXA Equitable), New York, NY 10104, and in all other jurisdictions by affiliate MONY Life Insurance Company of America (MONY America), an Arizona Stock Corporation, with main administrative office at Jersey City, NJ. It is co-distributed by AXA Network, LLC and its subsidiaries, and AXA Distributors, LLC. AXA Equitable, MONY America, AXA Network, LLC and AXA Distributors, LLC are affiliated companies and do not provide tax or legal advice. Clients should rely on their own advisors on these matters. Policy form #ICC or state variations. Rider form #ICC-12-R12-10 or state variations. © 2014 AXA Equitable Life Insurance Company and MONY Life Insurance Company of America. All rights reserved Avenue of the Americas, New York, NY 10104, (212) GE (4/14)(Exp. 4/16)


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