AXA Life Insurance Company History

AXA Life Insurance has been available to Australian and New Zealand citizens for more than 100 years. It was until recently a member of the global AXA Group which is one of the largest financial organisations in the world having more than 65 million customers worldwide and A$1.6 trillion of funds under its management. AXA Australia itself contributed to the AXA Group with funds under management totalling $75 billion, 1,500 advisers and nearly 2,000 employees. However AXA Asia Pacific Holdings Limited and all of its Australian and New Zealand subsidiaries ceased to be members of the global AXA Group from March 30, 2011, when it was taken over by the AMP Group. AXA Australia now operates as part of AMP.

The merger of AXA Asia Pacific Holdings and AMP brought together two of Australia and New Zealand’s oldest businesses. AXA Asia Pacific becoming wholly owned by AMP Limited. This merger created new competition in the financial sector in Australia and the Asia-pacific as it extended its services into the non-bank sector, directly challenging the wealth management business previously believed to be the sole domain of the big four of Australian banking. The merged company now has the size and resources to be a formidable non-bank competitor in wealth management in Australia and New Zealand and beyond. Trading in the new AMP shares commenced on March 31, 2011.

AXA as Financial Advisers

The merger with AMP aside, AXA Australia remains a leading provider of AXA Life Insurance as well as wealth management and financial protection products and services. It is continually improving on its considerable range of award winning life insurance products and services as well as that of its investment and financial advice sectors to remain competitive and contemporary into the future.

AXA continues to run its business in the belief that everybody is deserving of quality financial advice prior to them making a decision on how to invest and how to protect their wealth. They are of the opinion that all investors should consult a financial adviser before buying a wealth management or financial protection product. This strong belief in the value of quality financial advice is the reason their AXA partners within their Australia wide network consisting of over 1,500 financial advisers continue to help their clients build and protect their wealth.

The right financial advice given at the right time will enable investors to properly plan their financial future which would otherwise be left to chance. As AXA is one of Australia’s largest financial advice organisations they have built up a wealth of knowledge on the subject, knowledge their advisers are only too willing to pass on to their clients. An AXA financial advisor can therefore help you develop a professionally structured financial plan in order to have you build your wealth, protect your family and ultimately achieve your retirement goals.

Compare Insurance Types Available from AXA

• Life Insurance Plan: Enjoy the peace of mind knowing that your family will be looked after in the event of your death. If you pass away or are diagnosed with terminal illness, your family will recieve a lump sum payment to cover immediate and ongoing expenses.
• Total and Permanent Disability Insurance Plan: If you suffer total and permanent disability you will recieve a lump sum payment to help you maintain a quality of life. Payment can help cover your recovery costs, immediate and ongoing medical bills and ongoing day to day expenses.
• Trauma Insurance Plan: Give your family financial security in the event that you suffer from a comprehensive list of medical conditions including cancer, heart attack and stroke.
• Income Protection Insurance: Recieve income protection payment for up to 75% of your annual income if you are unable to work due to serious injury or illness. This monthly payment can help you cover mortgage repayments, car repayments, food, school payments and ongoing bills until you are back at work.
• Business Expenses Insurance Plan: If you own your own business, Buesiness Expenses Insurance will help you cover the typical expenses such as rent, utility and phone bills and equipment leasing if you no longer unable work due to sickness or injury.

AXA the Community Citizen

AXA has agreed to take on the role of an official partner of the Australian Olympic Team from 2008 through to 2012. This partnership has given them the opportunity to share in the excitement of the Olympic Games in Beijing, Vancouver and London. An excitement shared with their employees, advisers and their customers. The Australian Olympic team is the heart of Australia’s considerable sporting heritage that has been consistent at every summer games in the modern era since 1896 and all but four of the winter games since they began.

It is acknowledged that Australia has a proud history over this period that has seen 4,327 athletes take part winning more than 400 medals. The spirit of the Olympic Games, of being in the lead, is equally shared by AXA as it is by Cathy Freeman, Ian Thorpe and Grant Hackett, as we all admire the green and gold flash across the finishing line. That is where AXA share a common goal with these elite athletes.

AXA Life Insurance Serves a Need

AXA life Insurance remains available to protect your family that is financially dependent on you as being the main ‘breadwinner’ if you should happen to die, as well as if you have debts that are being paid off through your ability to earn an income. Hard times can be assured for families left behind when the main contributor to the family income dies or becomes incapable of providing such support into the future. AXA Life Insurance will guarantee you the peace of mind that if you do die your family will not suffer financially. The greater your financial obligations and the more dependants you have, the more life insurance you will need in order to properly protect your family’s financial security.

As life is full of uncertainties the death of a loved one can place an intolerable strain on any family both emotionally and financially. AXA Life Insurance can help your family cope that much better by removing the financial worries.