Topics

Policy Values

• What is total death benefit?
  The amount payable to a beneficiary upon the death of the insured. This generally represents the face amount of the base policy, the face amount of any additional coverage on the insured provided under a rider, the face amount of any dividend additions, the cash value of any dividend deposits, less any outstanding indebtedness (loan balance and loan interest).

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• What is total policy cash value?
  This represents the guaranteed cash value of the base policy, if any, the cash value of any riders, the cash value of any accumulated dividends, less any outstanding indebtedness (loan balance and loan interest) that would be paid upon termination of the contract.

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• How can I access the funds in my policy and keep my valuable insurance protection?
  There are several options that may be available to you:

  • Withdraw any dividend for cash
  • Withdraw any dividend cash value to help pay premiums
  • Withdraw available dividend cash value to reduce any outstanding loan balance and/or pay loan interest
  • Take a loan against the policy's cash value
  • Take a policy loan to help pay premiums

  
  Note:Please keep in mind when borrowing against the cash value, that loan interest will accrue daily and will be due on the policy anniversary date. Any outstanding indebtedness will be deducted from and will reduce the proceeds payable at surrender, lapse, or payment of a claim. Furthermore, withdrawals of dividend cash value will reduce the proceeds payable at surrender, lapse or payment of claim.

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• How can I obtain investment information on my Variable Life Policy?
  AXA-Equitable.com, your online information source for the status and current values of your MONY life and annuity contracts, does provide you with the most recent closing price for all the investment portfolios you have available to you. Login or Register
  
  You can also access monthly and quarterly annualized rates of return for the portfolios available within most of our variable life and annuity contracts. Choose the Performance Information option from the dropdown box on the right side of the Portfolio Summary page.

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• How can I transfer amounts between investment options in my Variable Life policy?
  If you are the Owner, you may transfer amounts between investment options:

  • Online, through AXA-Equitable.com.Login or Register. From the Portfolio Summary screen, select "Transfer Funds" from the "Choose an Option" drop down box.
  • Completing an online form called Transfer Request Click here for a printable form.

If the Owner of the policy is a corporation or a trust, and not an individual, we require the owner's written request for transfer. Complete and return to the address on the form.