Fitch Affirms AXA's Rating on Company Profile, Capitalization, and Leverage

Fitch Affirms Axa Rating on Company Profile, Capitalization, Leverage. AXA is the European leading insurance group with a breakdown of net sales by activity: damage insurance (62.7%), life insurance (35.9%), and other (1.4%).

Prudential Financial, Inc. (NYSE: PRU) has announced the expansion of its EssentialTerm Suite to include more affordable and flexible life insurance options. The suite, now available to a broader audience, features policies with a face amount of $250,000 or above, designed to meet diverse budget and long-term financial planning needs [1].

The expanded suite includes two enhanced term life products: EssentialTerm Value® and EssentialTerm Plus®. EssentialTerm Value® is Prudential's most cost-effective option, offering temporary protection with the flexibility to convert to a permanent policy as financial goals evolve. EssentialTerm Plus® provides a more robust conversion option for consumers focused on long-term financial planning [1].

Key features of the EssentialTerm Suite include flexible term options ranging from 10 to 30 years, guaranteed consistent premium payments, and the ability to convert to Prudential's permanent life insurance policies. The suite also includes a terminal illness rider and optional riders such as the waiver of premium in the event of disability, an accidental death benefit, and convertible life insurance for a child [1].

Prudential’s EssentialTerm Suite is designed with a quick and straightforward approval process, featuring online interviews that take approximately 20 minutes. It also qualifies for PruFast Track, an accelerated underwriting process that eliminates the need for medical exams and lab work. Applications can be seamlessly tracked and managed through Prudential’s new Life Case Tracker [1].

The expansion of the EssentialTerm Suite joins Prudential’s comprehensive portfolio of term and permanent life solutions, including universal life, indexed universal life, indexed variable universal life, and variable universal life insurance. The company is committed to helping its customers build financial security and unlock financial opportunities by providing more protection and flexibility as financial needs change [1].

For more information about EssentialTerm Value®, EssentialTerm Plus®, and Prudential’s broad range of product offerings, please visit prudential.com/personal/life-insurance/find-life-insurance-policy/term-life-products.

References:
[1] https://www.businesswire.com/news/home/20250825143519/en/Prudential-Financial-Expands-EssentialTerm-Suite-Affordable-and-Flexible-Life-Insurance-to-Help-Protect-What-Matters-Most