- Permanent protection
- Flexible premiums
If your goal is to protect your family with the flexibility to adapt as life changes, BrightLife® Protect may be a good choice for you. It can help you live more for today, keep more of the money you earn and gain the potential to build more cash value that you can actually use.
The power to adapt to your evolving needs, so you can live more today
Life changes constantly—and now, with our enhanced Indexed Universal Life policy, you can meet whatever change comes your way and still stay protected. With the powerful combination of a simple no-lapse guarantee and competitive long-term care option, you can live more for today, keep more of what you earn with tax-deferred growth, and gain the potential to build more cash value you can actually use.
Live more for today with the comfort of coverage that’s guaranteed through age 90, or for 40 years if purchased under age 50.1 There’s no guesswork, just a simple number you’ll know up front and can rely on.
Defer taxes and accommodate changes
BrightLife® Protect gives you the potential to build more wealth, with growth that’s tied to a market index, and the added benefit of downside protection. Because your money grows tax deferred, you keep more of it, and you have the flexibility to use that cash surrender value if your circumstances change.
Access to your money
- Available after the 1st policy year and before the policyowner’s 121st birthday.
- You can withdraw any amount of at least $500, provided the withdrawal does not reduce the Face Amount to an amount below $100,000.
- If Death Benefit Option A is chosen, the Face Amount will be reduced by a partial withdrawal.
- Fixed loans are available any time after issue.
- You may borrow up to the net cash surrender value.
- Loans and withdrawals will reduce the cash value and the life insurance benefit and could increase the chance that the policy will lapse.
- You have the flexibility to reduce payments by using cash value to pay the monthly deductions.
- You can also increase the payments within certain limits to build cash value more quickly.
- Skipping or reducing payments may increase the chance of the policy lapsing, and could mean you’ll need to increase the premiums in the future.
Death benefit options
BrightLife® Protect has two death benefit options:
- Option A – Level Death Benefit - is equal to the Face Amount of the policy
- Option B – Variable Death Benefit - is equal to the Face Amount plus the Policy Account Value
Under either option, a higher death benefit may apply if the value in the policy account reaches a certain level relative to the Face Amount. Changes to the death benefit option are available at no charge after the second policy year.
Choice of riders2
Depending on your current or anticipated future needs, you can tailor your BrightLife® Protect policy by taking advantage of a selection of policy riders that are available for an additional cost.
*S&P®, Standard & Poor's®, S&P 500® and Standard & Poor's 500TM are trademarks of Standard & Poor's and have been licensed for use by AXA Equitable. BrightLifeSM Protect is 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 product.
1 Coverage is guaranteed to the lesser of 40 years or to age 90, as long as the required guarantee premium is paid.
Please note that outstanding loans accrue interest. Income-tax-free treatment also assumes the loan will eventually be satisfied from income-tax-free death benefit proceeds. Loans and withdrawals reduce the policy’s cash value and death benefit and increase the chance that the policy may lapse. If the policy lapses, is surrendered or becomes an 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. In addition, withdrawals, policy loans and any accrued loan interest may cause your policy to lapse even if you are in a period of coverage under the No Lapse Gurantee Rider. Speak to your financial professional before taking any withdrawals or policy loans.
2 All of the riders are subject to the terms and conditions of the rider. Not all riders may be available in all jurisdictions. Some states may vary the terms and conditions. There may be an additional charge associated with obtaining certain riders. Some riders may not be available in combination with other riders and/or policy features.
The material is not a complete description of all the material provisions of the BrightLife® Protect policy. Please refer to the product brochure and the actual policy for more complete information.
All guarantees are based on the claims-paying ability of the issuing Insurance Company, either AXA Equitable Life Insurance Company or MONY Life Insurance Company of America.
Please be advised that this content 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 content 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.
BrightLife® 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 1290 Avenue of the Americas, New York, NY 10104. Co-distributed by affiliates AXA Network, LLC and AXA Distributors, LLC, AXA Equitable, MONY America, AXA Network and AXA Distributors are affiliated companies and do not provide tax or legal advice.
BrightLife® Protect is a flexible premium universal life insurance policy with an index-linked interest option. These policies have limitations. 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® Protect is registered to AXA Equitable Life Insurance Company, New York, NY 10104.
BrightLife® Protect is issued by AXA Equitable Life Insurance Company (AXA Equitable), New York, NY.
"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.
Policy form # ICC11-12-100,12-100 or State Variation
1290 Avenue of the Americas, New York, NY 10104, (212) 554-1234