Financial protection for employees and their families

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For your clients' employees, life insurance means peace of mind knowing that their loved ones have financial protection when it’s needed most. AXA,* a leading financial protection company, offers a range of life insurance plans to BCBSAZ groups. These plans can help employers ease financial burdens placed on families in the event of the loss of a primary wage earner:

  • Accidental death
  • Supplemental life
  • Voluntary life**

In addition, life insurance coverage doesn’t just stop when employees leave a company, because they have the option of switching to an individual policy if they decide to leave. That way, they stay protected, even in circumstances where they wouldn’t be able to qualify for coverage on their own.


 

No extra qualifications

There’s no need for employees to answer health questions or undergo a medical exam. Coverage is guaranteed, which makes it easier on employers, too.


 

Bundled discounts

Packaging life insurance with medical insurance provides deeper discounts*** and more comprehensive coverage for employees.



Comprehensive coverage

Medical coverage, along with accidental death, supplemental life, or voluntary life, can help families get back on their feet financially and cover unexpected costs.


Added value

Some employer plans may also include a Travel Assistance Program option,**** which offers worldwide concierge support, at no additional cost.

AXA Life Insurance Plans At a Glance*

AXA Life Insurance Plans At-a-Glance*

Benefit Feature


Plan Size


Custom Plans


Standard Plans


Multiple of Salary
2-9 Employees
1x salary to $50,000
Not available
10+ Employees Up to 3x salary to $300,000 (Basic)
Up to 5x salary to $500,000 (Supplemental/Voluntary)
Not available

Flat Benefit Amounts
2-9 Employees
$15,000, $25,000, $50,000
$15,000, $25,000, $50,000
10+ Employees $10,000 - $50,000 in $5,000 increments $15,000, $25,000, $50,000

Supplemental Coverage
2-9 Employees
Available (100% employee-paid)
Not available
10+ Employees Available Not available

Age Reduction
2-9 Employees
35% at 65
50% at 70
35% at 65
50% at 70
10+ Employees Not available Not available

Waiver of Premium
2-9 Employees
Terminate at 65
Terminate at 65
10+ Employees Terminate at 65 or 70 Terminate at 65

Accelerated Death Benefit
2-9 Employees
75%
75%
10+ Employees 75% to $250,000 75% to $37,500

Spouse Amount
2-9 Employees
$0-$10,000
Not available
10+ Employees $0-$25,000 Not available

Child Amount
2-9 Employees
$5,000
Not available
10+ Employees $0-$10,000 Not available

Employer Contribution
2-9 Employees
100%
100%
10+ Employees Non-voluntary
Voluntary
Non-voluntary

AD&D Principal Sum
2-9 Employees
Equal to life amount
Equal to life amount
10+ Employees Equal to life amount
Different amounts available
Equal to life amount
Travel Assistance Program**** 2-9 Employees Not available  Not available
10+ Employees Available on 10+ employer-funded plans Not available

Limitations and exclusions may apply. Optional riders and/or features may incur additional costs. Plan documents are the final arbiter of coverage.

Adding value for your clients with bundled discounts

Help your clients go beyond basic medical coverage with specialty solutions. Comprehensive, flexible, and customized benefits plans give them the ability to provide more plan options at deeper discounts.***

*Group Life and Disability products are provided by AXA. “AXA” is the brand name of AXA Equitable Financial Services, LLC and its family of companies, including AXA Equitable Life Insurance Company (AXA Equitable) (NY, NY), MONY Life Insurance Company of America (AZ stock company, admin. office: Jersey City, NJ) (MONY America), and AXA Distributors, LLC. All Group Life and Disability insurance products in the State of Arizona are issued by MONY America, which has sole responsibility for its insurance and claims-paying obligations for such products. AXA is independent of BCBSAZ. It does not provide, offer, or sell BCBSAZ products or services and is solely responsible for the products or services it provides. The policy has limitations and exclusions. Optional riders and/or features may incur additional costs. Plan documents are the final arbiter of coverage. Policy Form/Contract ICC15 AXEBP15LI; ICC15 MOEBP15LI; MOEBP15LI; AXEBP15LI and State Variations.

**Voluntary plans are only available to employers with 10+ employees.
***For groups of 51+ employees.
****Travel Assistance services are considered non-insurance services and are provided by AXA Assistance USA, Inc., which is affiliated with AXA Equitable Life Insurance Company (AXA Equitable) (NY, NY) and MONY Life Insurance Company of America (AZ stock company, admin. office: Jersey City, NJ) (MONY America). Certain benefits provided under the Travel Assistance Program are underwritten by a licensed third-party insurance company. The Travel Assistance Program and services provided are separate and apart from the insurance provided by AXA Equitable and MONY America. Not available in New York. Please review the Terms and Conditions of the Travel Assistance Program for more information.