0001193125-16-590548.txt : 20160513
0001193125-16-590548.hdr.sgml : 20160513
20160513171304
ACCESSION NUMBER: 0001193125-16-590548
CONFORMED SUBMISSION TYPE: 424B3
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20160513
DATE AS OF CHANGE: 20160513
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: AXA EQUITABLE LIFE INSURANCE CO
CENTRAL INDEX KEY: 0000727920
STANDARD INDUSTRIAL CLASSIFICATION: INSURANCE AGENTS BROKERS & SERVICES [6411]
IRS NUMBER: 135570651
STATE OF INCORPORATION: NY
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 424B3
SEC ACT: 1933 Act
SEC FILE NUMBER: 333-210273
FILM NUMBER: 161649480
BUSINESS ADDRESS:
STREET 1: 1290 AVENUE OF THE AMERICAS
CITY: NEW YORK
STATE: NY
ZIP: 10104
BUSINESS PHONE: 2125541234
MAIL ADDRESS:
STREET 1: 1290 AVENUE OF AMERICAS
CITY: NEW YORK
STATE: NY
ZIP: 10104
FORMER COMPANY:
FORMER CONFORMED NAME: AXA-EQUITABLE LIFE INSURANCE CO
DATE OF NAME CHANGE: 20040928
FORMER COMPANY:
FORMER CONFORMED NAME: EQUITABLE LIFE ASSURANCE SOCIETY OF THE UNITED STATES /NY/
DATE OF NAME CHANGE: 19920703
424B3
1
d194742d424b3.txt
AXA EQUITABLE LIFE INSURANCE CO
FILED PURSUANT TO RULE 424(B)(3)
REGISTRATION NO. 333-210273
AXA Equitable Life Insurance Company
SUPPLEMENT DATED MAY 16, 2016 TO THE MAY 1, 2016 PROSPECTUS FOR STRUCTURED
CAPITAL STRATEGIES(R) 16
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This Supplement modifies certain information in the above-referenced Prospectus
(the "Prospectus") offered by AXA Equitable Life Insurance Company ("AXA
Equitable"). You should read this Supplement in conjunction with your
Prospectus and retain it for future reference. Unless otherwise indicated, all
other information included in your Prospectus remains unchanged. The terms we
use in this Supplement have the same meaning as in your Prospectus. We will
send you another copy of any prospectus or supplement without charge upon
request. Please contact the customer service center referenced in your
Prospectus.
On or about May 16, 2016, Structured Capital Strategies(R) 16 will be available
for sale in California. Accordingly, "Appendix II: State contract availability
and/or variations of certain features and benefits" in the Prospectus is hereby
supplemented with the following:
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STATE FEATURES AND BENEFITS AVAILABILITY OR VARIATION
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CALIFORNIA See "We require that the You are not required to use our
following types of forms when making a transaction
communications be on specific request. If a written request
forms we provide for that contains all the information
purpose" in "How to reach us" required to process the request,
we will honor it.
See "Contract features and If you reside in California and
benefits" -- "Your right to you are age 60 or older at the
cancel within a certain number time the contract is issued, you
of days" may return your variable annuity
contract within 30 days from the
date that you receive it and
receive a refund as described
below.
If you allocate your entire
initial contribution to the
EQ/Money Market option, the
amount of your refund will be
equal to your contribution,
unless you make a transfer, in
which case the amount of your
refund will be equal to your
account value on the date we
receive your request to cancel
at our processing office. This
amount could be less than your
initial contribution. If you
allocate any portion of your
initial contribution to the
variable investment options
(other than the EQ/Money Market
option), your refund will be
equal to your account value on
the date we receive your request
to cancel at our processing
office.
"RETURN OF CONTRIBUTION" FREE
LOOK TREATMENT AVAILABLE THROUGH
CERTAIN SELLING BROKER-DEALERS
Certain selling broker-dealers
offer an allocation method
designed to preserve your right
to a return of your
contributions during the free
look period. At the time of
application, you will instruct
your financial professional as
to how your initial contribution
and any subsequent contributions
should be treated for the
purpose of maintaining your free
look right under the contract.
Please consult your financial
professional to learn more about
the availability of "return of
contribution" free look
treatment.
If you choose "return of
contribution" free look
treatment of your contract, we
will allocate your entire
contribution and any subsequent
contributions made during the 30
day period following the
Contract Date, to the EQ/Money
Market investment option. In the
event you choose to exercise
your free look right under the
contract, you will receive a
refund equal to your
contributions.
If you choose the "return of
contribution" free look
treatment and your contract is
still in effect on the 30th day
(or next business day) following
the Contract Date, we will
automatically reallocate your
account value to the investment
options chosen on your
application.
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Form No. IM-08-16 (5/16) Catalog No.155797 (5/16)
SAR SCS 16 New Biz/Inforce -
CA only #194742
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STATE FEATURES AND BENEFITS AVAILABILITY OR VARIATION
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CALIFORNIA Any transfers made prior to the
(CONTINUED) expiration of the 30 day free
look will terminate your right
to "return of contribution"
treatment in the event you
choose to exercise your free
look right under the contract.
Any transfer made prior to the
30th day following the Contract
Date will cancel the automatic
reallocation on the 30th day (or
next business day) following the
Contract Date described above.
If you do not want AXA Equitable
to perform this scheduled
one-time reallocation, you must
call one of our customer service
representatives at 1 (800)
789-7771 before the 30th day
following the Contract Date to
cancel.
If you purchased your contract
from a financial professional
whose firm submits applications
to AXA Equitable electronically,
the Dollar Cap Averaging Program
may not be available at the time
your contract is issued. If this
is the case and you wish to
participate in the program after
your contract has been issued,
you must make your election on
the applicable paper form and
submit it to us separately.
Depending on when we receive
your form, you may miss the
first available date on which
your account value would
otherwise be transferred to your
designated Segment Type Holding
Accounts.
See "Dollar Cap Averaging If you elect to invest in the
Program" and "Your right to Dollar Cap Averaging Program,
cancel within a certain number you will not be eligible for the
of days" in "Contract features "return of contribution" free
and benefits" look treatment. By electing the
Dollar Cap Averaging Program,
you would only be eligible to
receive a return of account
value if you free look your
contract.
See "Charges and expenses"-- Items (i)-(iii) under this
"Disability, terminal illness, section are deleted in their
or confinement to a nursing entirety and replaced with:
home" (For Series B contracts
only)
(i)We receive proof satisfactory
to us (including
certification by a U.S.
licensed physician) that the
Owner has a chronic illness
as defined pursuant to either
(a) or (b) below;
(a)unable to perform two
activities of daily living
(bathing, continence,
dressing, eating,
toileting and
transferring), meaning the
Owner needs human
assistance, or needs
continual substantial
supervision; or
(b)impairment of cognitive
ability, meaning a
deterioration or loss of
intellectual capacity due
to mental illness or
disease, including
Alzheimer's disease or
related illnesses, that
requires continual
supervision to protect
oneself or others.
(ii)We receive proof
satisfactory to us
(including certification by
a U.S. licensed physician)
that the Owner's life
expectancy is twelve months
or less.
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STATE FEATURES AND BENEFITS AVAILABILITY OR VARIATION
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CALIFORNIA (iii)The Owner is receiving, as
(CONTINUED) prescribed by a physician,
registered nurse, or
licensed social worker,
home care or
community-based services
(including adult day care,
personal care, homemaker
services, hospice services
or respite care) or, is
confined in a skilled
nursing facility,
convalescent nursing home,
or extended care facility,
which shall not be defined
more restrictively than as
in the Medicare program, or
is confined in a
residential care facility
or residential care
facility for the elderly,
as defined in the Health
and Safety Code.
Out-of-state providers of
services shall be defined
as comparable in licensure
and staffing requirements
to California providers.
See "More information" -- You can transfer ownership of an
"Transfers of ownership, NQ contract at any time before
collateral assignments, loans, annuity payments begin. You may
and borrowing" assign your contract, unless
otherwise restricted for tax
qualification purposes.
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Structured Capital Strategies(R) is issued by and is a registered service mark
of
AXA Equitable Life Insurance Company (AXA Equitable).
Co-distributed by affiliates AXA Advisors, LLC and AXA Distributors, LLC.
1290 Avenue of the Americas, New York, NY 10104.
Copyright 2016 AXA Equitable Life Insurance Company. All rights reserved.
AXA Equitable Life Insurance Company
1290 Avenue of the Americas, New York, NY 10104
(212) 554-1234
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