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AXA is a long term business focusing on three specific areas of growth namely wealth management, insurance and healthcare. Being a strong institution, AXA is much prepared for the future than ever before.
History
In 1985, the name AXA was first introduced. It is mistakenly thought to be an acronym but it isn’t. The term AXA is coined due to it being short, memorable and has a consistent meaning in any language, anywhere in the world.
AXA Group employs 214,000 employees and distributors worldwide. The AXA Group has major operations in Europe, North America and the Asia/Pacific area. Worldwide an estimated 95 million clients have placed their trust in AXA to insure their property; provide health and personal protection for their families or employees; and to manage their personal or corporate assets.
Types of Insurance
Sun Life Direct - Guaranteed over 50 plan is a guaranteed fixed cash sum with no medical or health questions waits for you in this plan. Another advantage of this plan is its affordable premiums that never change. This signifies that the premium you choose will never go up and your cover will never go down – no matter what happens to your health.
Funeral Plan and Funeral Assist
For this plan, you simply pay a fixed monthly premium into a life insurance policy from AXA Wealth Ltd. Then on your death as long as you've had the plan for at least two years the cash sum will be paid to The Co-operative Funeral care and the funeral services will be provided.
Rival Companies
Among the top three (3) competitors of AXA in the insurance business are Allianz SE from Munich, Germany; Assicurazioni Generali SpA from Trieste, Italy; and ING Groep N.V. from Amsterdam, The Netherlands.
Review of Axa Endowment Life Insurance
The company has bad reviews on all 3 recent reviews posted on our favorite review site – reviewcentre.com mainly due to bad experiences with the company’s customer service. They got a score of 0 out of 5. Another review speaks of AXA Life insurance as having an audacity of charging him to what is left to get his own money back which is an absolute disgrace. Lastly, a client complained of being hassled stating that AXA’s head office in Turnbridge wells have no idea how to help him or whom to ask and just put him 3 times back to a call center which is very frustrating. If you have experiences to share with other customers about AXA you can leave a review by following this link: Axa Review
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