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Is AXA Equitable a good company?
Financial Strength and Ratings AXA Equitable is considered to be an extremely strong company from a financial standpoint. It also pays out its insurance claims quickly and consistently to its policyholders. For these reasons and more, the insurer has been provided with high ratings from different agencies.
What does the company Equitable do?
Equitable, a subsidiary of Equitable Holdings (NYSE: EQH), has been one of America’s leading financial services providers since 1859. With the mission to help clients secure their financial well-being, the company provides advice, protection and retirement strategies to individuals, families and small businesses.
What kind of company is equitable?
(formerly The Equitable Life Assurance Society of the United States and AXA Equitable Life Insurance Company, and also known as The Equitable) is an American financial services and insurance company that was founded in 1859 by Henry Baldwin Hyde….Equitable Holdings.
| Type | Public |
|---|---|
| Website | equitableholdings.com |
What companies does Equitable own?
AXA EQUITABLE HOLDINGS, INC. – SUBSIDIARY ORGANIZATION CHART : DECEMBER 31, 2019
| Alpha Units Holdings, Inc | 100.00 | |
| AXA-IM Holdings US Inc. | HCO | 100.00 |
| AXA Corporate Solutions Life Reinsurance Company | Insurance | 100.00 |
| CS Life Re Company | Insurance | 100.00 |
| 787 Holdings, LLC | HCO | 100.00 |
Can you lose your money in an annuity?
Annuity owners can lose money in a variable annuity or index-linked annuities. However, owners can not lose money in an immediate annuity, fixed annuity, fixed index annuity, deferred income annuity, long-term care annuity, or Medicaid annuity. You can not lose money in Fixed Annuities.
Is AXA Equitable a fiduciary?
Despite each of the aforementioned potential conflicts of interest, fee-based Equitable Advisors is a fiduciary, which means it’s required to act in your best interest at all times.
Is AXA a pyramid scheme?
AXA Advisors, LLC has investment fraud and misconduct in their history. In 2009, FINRA barred a former AXA Advisors broker from the industry for operating a Ponzi scheme.
Can I take money out of my AXA account?
For cash or check withdrawals, you may go through our normal withdrawal process via the AXA branches or ask assistance from your financial advisor.
Are Equitable and AXA the same?
Equitable is a large life and retirement savings company. It was known as AXA Equitable until a name change in 2020. It offers a wide range of term and permanent life insurance policies, along with other financial products.
What is so bad about annuities?
Annuities are long-term contracts with penalties if cashed in too early. Income annuities require you to lose control over your investment. Some annuities earn little to no interest. Guaranteed income can not keep up with inflation in certain types of annuities.
What are the dangers of annuities?
The inherent risks in annuities include:
- Credit risk – the risk the insurer will become insolvent.
- Purchasing power risk – the risk that inflation will be higher than the annuity’s guaranteed rate.
- Liquidity risk – the risk that funds will be tied up for years with little ability to access them.
How do Equitable Advisors make money?
Equitable Advisors acts as a registered securities broker-dealer in addition to being an investment advisory firm. This means that many of the firm’s advisors are authorized to conduct securities transactions that could result in the earning of commissions.
Is equitable a good company?
AXA Equitable is considered to be an extremely strong company from a financial standpoint. It also pays out its insurance claims quickly and consistently to its policyholders. For these reasons and more, the insurer has been provided with high ratings from different agencies.
What is an example of an equitable remedy?
The damages are equal to the actual damages or loss he experienced as a result of the breach of contract. The law stipulates that this is the appropriate remedy. A judicial remedy or equitable remedy for breach of contract, on the other hand, is not monetary damages. One example of an equitable remedy is an injunction.
What is the equitable distribution of property?
Equitable distribution is the distribution of property and debt obligations used by courts in most states when dividing marital property during divorce proceedings. Equitable distribution does not mean “equal” division – it means “fair” division.
What is the noun for equitable?
What is the noun for equitable? Ownership, especially in terms of net monetary value of some business. (law) A legal tradition that deals with remedies other than monetary relief, such as injunctions, divorces and similar actions. (law) Value of property minus liens or other encumbrances.