Variable Whole Life Insurance

Regular Premium Payments with a Wide Range of Investment Choices

Basic Variable Whole Life Insurance, like Whole Life insurance, provides permanent protection and requires scheduled premium payments, but offers a wide range of investment choices.

You make fixed premium payments and receive a guaranteed minimum death benefit
You can invest premiums in one or more underlying portfolios offering different levels of risk and growth potential
Investment portfolios provide long-term growth potential, tax-deferred earnings, and the ability to make tax-free transfers among the investment portfolios
In addition to the variable investment portfolios, many insurance companies also offer a fixed interest account providing a minimum guaranteed rate for a specific period of time
The cash value of the policy is not guaranteed

Advantages of Variable Whole Life Insurance

Offers greater growth potential than Whole Life insurance, because you have the opportunity to invest in a variety of different portfolios
Fixed premiums, that can't be increased by the insurance company, allow you to plan cash outlays accurately

Disadvantages of Variable Whole Life Insurance

While you have more growth potential with Variable Whole Life insurance, you also are subject to more investment risk than with either Whole Life insurance or Universal Life insurance. Both the policy’s cash value and the amount of the death benefit have the potential to fluctuate up or down based on the performance of the investment options that are selected.
You can’t increase or decrease the Face Amount of your policy. Additional coverage requires the purchase of another policy, additional costs and possibly evidence of insurability
Poor investment performance can lead to a reduced cash value and a lower death benefit, and possible lapse of policy without value.

Please consider the charges, risk, expenses, and investment objectives carefully before purchasing a variable life insurance policy. For a prospectus containing this and other information, please contact a financial professional. Read it carefully before you invest or send money.

For variable life insurance and variable universal life insurance policies, investment management fees are assessed on each investment option. They are deducted on a daily basis and vary from option to option.

Variable life and variable universal life insurance policies generally combine a death benefit with an investment account that can be allocated among one or more investment options. Variable life and variable universal life policies vary considerably. Most include charges for cost of insurance, mortality and expense risks, sales loads and administrative fees reduce the cash value of the policy.

Life insurance and annuities are issued by AXA Equitable Life Insurance Company (NY, NY). Variable universal life insurance is co-distributed by AXA Distributors, LLC and AXA Advisors, LLC, members FINRA, SIPC. AXA Equitable, AXA Distributors and AXA Advisors are affiliated companies and do not provide legal or tax advice. All guarantees are based on the claims-paying ability of AXA Equitable. The guarantees do not apply to investment portfolios.

GE-44634 (2/09)