Equitable life insurance ↝ Life insurance

How to Submit Equitable Life Claims?, Step-by-Step Guide - Insurdinary

Submitting Equitable Life Claims Equitable Life Canada is a financial company with a long history of very strong growth using a conservative approach to risk. They are a mutual company which means that policyholders can participate in the earnings through dividends. Equitable Life has a mission of providing high-quality services and competitive prices to its shareholders and clients. Equitable Life Claims are a simple process for policyholders. Equitable Life offers a wide spectrum of financial and insurance products. These include individual life insurance and critical illness insurance. They also offer investment and annuity products to meet the savings and retirement needs of their...

Equitable Life unveils new UL offering, Wealth Professional

Equitable Life unveils new UL offering She added, “As a mutual, our duty and priority rests solely with our clients so we can provide additional benefits like supporting beneficiaries throughout the claims process with counselling reimbursement and giving policy owners access to cash that can assist with an unforeseen illness or disability diagnosis.” Meanwhile, the newly announced KIND Program provides customers with extra benefits that offer assistance when they most need it, such as living benefits in the event of a disability, bereavement counselling for benefit recipients, quick access to a portion of the death benefit through a snap advance program, and a compassionate...

Canada Gazette, Part 1, Volume 156, Number 15: MISCELLANEOUS NOTICES

Canada Gazette, Part I, Volume 156, Number 15: MISCELLANEOUS NOTICES EQUITABLE FINANCIAL LIFE INSURANCE COMPANY, carrying on business in Canada as a branch under the name AXA EQUITABLE LIFE INSURANCE COMPANY RELEASE OF ASSETS Pursuant to section 651 of the Insurance Companies Act (Canada) [the “Act”], notice is hereby given that Equitable Financial Life Insurance Company (“Equitable”), carrying on business in Canada as a branch under the name AXA Equitable Life Insurance Company, intends to apply to the Superintendent of Financial Institutions (Canada), on or after May 2, 2022, for an order authorizing the release of the assets that it maintains in Canada in...

AM Best Affirms Credit Ratings of Equitable Holdings, Inc. and Its Life Subsidiaries, Business Wire

OLDWICK, N.J.--( BUSINESS WIRE )--AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) of Equitable Financial Life Insurance Company of America (EFLICOA) (Phoenix, AZ) and Equitable Financial Life Insurance Company (EFLIC) (New York, NY). EFLICOA and EFLIC collectively are referred to as Equitable Life Group. The outlook of these Credit Ratings (ratings) is stable. Concurrently, AM Best has affirmed the FSR of B++ (Good) and the Long-Term ICR of “bbb” (Good) of Equitable Financial Life and Annuity Company (Equitable Financial Life and Annuity) (Lakewood, CO). Additionally, AM Best has affirmed...

Announcing Equitable: A New Day for a 160-Year-Old Financial Services Company, Business Wire

NEW YORK--( BUSINESS WIRE )-- Equitable, a leading financial services company and subsidiary of Equitable Holdings (NYSE: EQH ), today unveiled the brand it will operate under as an independent, U.S.-based company. Formerly known as AXA Equitable Life, the company will begin this new chapter in its distinguished history as Equitable, an iconic American brand synonymous with helping generations of people achieve financial well-being. “Today we herald the next step in our journey as an independent company,” said Equitable CEO Mark Pearson. “Throughout our 160-year history, we have helped millions of Americans reach their goals and achieve financial security. As one of this country’s most...

Equitable Life Assur. Soc'y v. Pennsylvania :: 238 U.S. 143 (1915) :: Justia US Supreme Court Center

U.S. Supreme CourtEquitable Life Assur. Soc'y v. Pennsylvania, 238 U.S. 143 (1915) Equitable Life Assurance Society v. Pennsylvania A state may tax life insurance companies upon business done within the state and measure the tax upon the premiums on policies of residents of the state; and, in estimating the amount of premiums, those paid by residents to foreign insurance companies outside of the state may be included without depriving such companies of their property without due process of law. Taxation has to be determined by general principles. The Pennsylvania Act of 1895, levying a tax of two percent on gross premiums of life insurance companies received for business done within the...

Equitable Bank launches new Sun Life collaboration for life insurance lending - Feb 25, 2021

TORONTO, Feb. 25, 2021 /CNW/ - Equitable Bank, Canada's Challenger Bank™, announced a new lending arrangement with Sun Life that will allow qualifying Sun Life policyholders to access funds through an Equitable Bank Cash Surrender Value (CSV) Line of Credit. A CSV line of credit is an attractive option for Canadians to access capital. This suite of products provides access to innovative insurance solutions that give policyholders tax-free cash flow opportunities. With flexible options provided via trusted lending arrangements -- like this one with Sun Life -- Canadians have more choices than ever to think about the life they want to be living. "By expanding our CSV offerings...

Equitable Financial To Pay $50 Million Penalty To Settle SEC Charges That It Provided Misleading Account Statements to Investors

Equitable Financial To Pay $50 Million Penalty To Settle SEC Charges That It Provided Misleading Account Statements to Investors The Securities and Exchange Commission today announced fraud charges against Equitable Financial Life Insurance Company for providing account statements to about 1.4 million variable annuity investors that included materially misleading statements and omissions concerning investor fees. Equitable agreed to pay $50 million to harmed investors, most of whom are public school teachers and staff members, to settle the charges. As described in the SEC’s order, since at least 2016, Equitable gave investors the false impression that their quarterly account statements...

Venerable Completes Acquisition from Equitable Holdings

WEST CHESTER, Pa., June 1, 2021 /PRNewswire/ -- Venerable Holdings, Inc. ("Venerable") today announced the completion of its acquisition of Corporate Solutions Life Reinsurance Company ("CS Life Re"), a Delaware domiciled and New York licensed reinsurance company, from Equitable Holdings, Inc. (NYSE: EQH ) ("Equitable Holdings"). With the close of this transaction, Venerable's pro forma assets under management and reinsurance increase to approximately $70 billion. On a pro forma basis, Venerable has more than doubled its general account assets from $9 billion to $19 billion, in addition to over $51 billion in separate account reinsured. The transaction includes reinsurance of a legacy...

Equitable, Bestow partner to offer digital term life insurance, Insurance Business America

Life insurance technology company Bestow and financial services firm Equitable have announced a partnership to launch Term-in-10, a new, entirely digital term life insurance offering. “As one of the most respected life insurers in the industry, Equitable is the ideal first enterprise carrier partner for us at Bestow,” said Melbourne O’Banion, co-founder and CEO of Bestow. “We came together because of our joint commitment to build innovative solutions that expand access to financial protection. We’re excited to deliver our unique product expertise and platform to Equitable advisors, financial professionals and customers.” Term-in-10 was designed for...