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Axa launches first insurance plan tapping into $ market

A first in the local insurance industry, an investment-linked insurance product is tapping into the high-growth investment potential of the global market.
AXA’s Dollar aXcess, a special 3GX offer, is a single premium variable life insurance product that maximizes financial gains and minimizes your capital risk through the Global Advantage Fund, the first and only US dollar-denominated equity fund invested in the NASDAQ 100.
“Dollar aXcess enables our high net worth clients to invest in the NASDAQ 100, a stock market index of the 100 largest non-financial companies listed in the NASDAQ, the second-largest stock exchange in the world,” Amor Balagtas, AXA Philippines’ chief marketing officer, said.
To avail of this exclusive offer, a client only needs a minimum, one-time premium payment of $20,000. Dollar aXcess comes with guaranteed life insurance coverage of 125 percent of your single premium.
“Everyone wants to make a good and secure investment, especially in light of past experience with global economic recession. What AXA Philippines offers is the opportunity to invest in the global market with minimal risk,” said Ms. Balagtas. “Through Dollar aXcess we give high net worth clients what they need in order to grow their wealth attractively and safely in the long-term.”
AXA Philippines is the result of the formidable synergy between Metropolitan Bank and Trust Co., one of the country’s biggest and strongest financial institutions, and AXA, the world’s number one global insurance brand (based on the 2011 Interbrand Report).
AXA Philippines’ various products and services are available in over 500 Metrobank branches nationwide serviced by 450 AXA Philippines financial executives. There are 1,500 AXA Philippines financial advisers and 26 branches nationwide to serve clients. 
AXA, which originated in France, has global assets under management of more than 1 trillion euros. It has presence in 57 countries, serving a global clientele of 101 million.

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