Equitable Holdings Equitable Holdings, Inc. (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. In 1991, French insurance firm AXA acquired majority control of The Equitable. In 2004, the company officially changed its name to AXA Equitable Life Insurance Company. By 2018, the company had over 15,800 agents licensed by the State of California. In January 2020, it changed its name to Equitable Holdings, Inc. following its spinoff from AXA and the related public offerings beginning in May 2018....
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The MarketWatch News Department was not involved in the creation of this content. Aug 14, 2020 (Eon Market Research via COMTEX) -- Eon Market Research has released a report titled " Health Insurance Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020 – 2025." The report offers the growth scenarios present globally as well as revenues of the overall market. The Global Health Insurance market report thoroughly discusses robust growth prospects and prominent strategies implicated by several key players operating in the global market, which are likely to benefit the market growth and grab a leading position in terms of revenue in the market. Besides analyzing key...
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Physiotherapists are turning to virtual visits — but insurance can be a pain in the neck ABOVE: Temporary closure of physiotherapy services due to COVID-19 has many worried. Editor’s Note: Equitable Life contacted Global News after publication and confirmed the company does cover physiotherapy offered remotely if it is part of a person’s benefit plan. They are looking specifically into Patricia’s case. For Patricia, a Toronto woman living with endometriosis, pelvic physiotherapy is a critical tool for her painful chronic condition. Global News has chosen to use a pseudonym to protect her privacy. Unfortunately, Patricia’s clinic is now closed due to concerns over the...
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Every day, the Covid-19 pandemic costs the world thousands more lives and billions more dollars. The most efficient way to bring this crisis to an end — possibly as early as next year — is with a safe and effective vaccine, manufactured in large quantities and distributed globally. To avoid any unnecessary delays, governments should take this moment, while researchers work to develop the right formula, to prepare the ground for rapid production and broad, equitable deployment. This is the principle on which the Covid-19 Vaccine Global Access (Covax) Facility is based. Created by Gavi, the Vaccine Alliance, the World Health Organisation (WHO), and the Coalition for Epidemic Preparedness...
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Recently published report on Annuities Insurance Market by Orbis Research includes market overview, detailed literature on products, services and overall industry scenario by 2024. The key categories covered in the market segmentation are region, applications and key players. The report on Annuities Insurance is a comprehensive collection of all the market related information required for analyzing and understanding the Annuities Insurance market. It gives an in depth view of the market on the basis of manufacturers, capacity, production, price, revenue, cost, gross, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological...
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Whole Life Insurance – Equitable Life Equitable Life is an insurance provider in Canada and offers whole life insurance. The product name for their whole life policy is Equimax. Equimax provides participating* whole life insurance that offers permanent protection with guaranteed premiums, cash values and death benefit. The cash value can be accessed to fund education, renovate your home or even supplement your retirement income. Use it in any way you choose. Equimax can help you: Provide for your loved ones The death benefit can be used to replace your income and maintain your family’s lifestyle. Create an inheritance The tax-free death benefit creates an instant legacy for your...
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Legacy policyholders still with the pension company are due a windfall. Pension company Equitable Life is set to shut down, 18 years after it almost collapsed. So long as members agree to the move in a vote scheduled for 2019, the insurer will transfer all policies to Reliance Life and its with profits fund will be closed for good. In 2000, Equitable Life was hit by a major financial scandal which caused it to almost collapse. It had failed to put enough money aside to pay for promised pension payouts. Since then the company has been closed to any new business. Policyholders will forgo current policy guarantees, but they are set to benefit from a large windfall. A total of £1.8 billion...
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Equitable Life of Canada posts strong results for 2018 WATERLOO, Ontario, Feb. 13, 2019 (GLOBE NEWSWIRE) -- Equitable Life, one of Canada’s largest mutual life insurance companies, had another outstanding year in 2018, with strong growth across all lines of business. The Company finished the year with one of the highest capital ratios in the industry as measured by the Life Insurance Capital Adequacy Test (LICAT). The Company reported premiums and deposits of $1.4 billion in 2018, contributing to $4.3 billion of assets under administration. Growth was bolstered by strong sales. The Savings and Retirement business set a new record of $380 million, an increase of 22% over last year. The...
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Feature offers clients the ability to capture potential investment gains in up and down equity markets Equitable, a leading financial services company and subsidiary of Equitable Holdings (NYSE: EQH ), today announced enhancements to its Structured Capital Strategies PLUS registered index-linked annuity that offers clients some upside potential even when the S&P 500 benchmark index goes down. The new feature, Dual Direction, is available within SCS PLUS annuities with the S&P 500 as the benchmark index. Dual Direction offers clients the following benefits: If the S&P 500 benchmark index declines up to or equal to 10% at the end of the six-year investment time frame, clients...
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Equitable, a leading financial services company and subsidiary of Equitable Holdings (NYSE:EQH), today announced enhancements to its Structured Capital Strategies PLUS registered index-linked annuity that offers clients some upside potential even when the S&P 500 benchmark index goes down. The new feature, Dual Direction, is available within SCS PLUS annuities with the S&P 500 as the benchmark index. Dual Direction offers clients the following benefits: If the S&P 500 benchmark index declines up to or equal to 10% at the end of the six-year investment time frame, clients earn a positive return equal to the percentage of the decline up to or equal to 10%. If the S&P 500...
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