FILED PURSUANT TO RULE 424(B)(3)
REGISTRATION NO. 333-210273
AXA Equitable Life Insurance Company
SUPPLEMENT DATED FEBRUARY 6, 2017 TO THE MAY 1, 2016 PROSPECTUS FOR STRUCTURED
CAPITAL STRATEGIES(R) 16
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This Supplement modifies certain information in the above-referenced Prospectus
(the "Prospectus") offered by AXA Equitable Life Insurance Company ("AXA
Equitable"). You should read this Supplement in conjunction with your
Prospectus and retain it for future reference. Unless otherwise indicated, all
other information included in your Prospectus remains unchanged. The terms we
use in this Supplement have the same meaning as in your Prospectus. We will
send you another copy of any prospectus or supplement without charge upon
request. Please contact the customer service center referenced in your
Prospectus.
On or about February 6, 2017, Structured Capital Strategies(R) 16 will be
available for sale in New York. Accordingly, "Appendix II: State contract
availability and/or variations of certain features and benefits" in the
Prospectus is hereby supplemented with the following:
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STATE FEATURES AND BENEFITS AVAILABILITY OR VARIATION
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NEW YORK QP (Defined Benefit and Defined Not available.
Contribution) contracts
See "Indices" under "Structured The following Indices are not
Investment Option" in "Contract available:
features and benefits" . Financial Select Sector
SPDR(R) Fund
. iShares(R) Dow Jones U.S.
Real Estate Index Fund
. Energy Select Sector SPDR(R)
Fund
. SPDR(R) Gold Shares
See "Your right to cancel within The second paragraph under "Your
a certain number of days" in right to cancel within a certain
"Contract features and benefits" number of days" is deleted in
and also see "Calculation its entirety and replaced with
Formula" in "Appendix III: the following:
Segment Interim Value"
Your refund will equal your
account value under the contract
on the day we receive written
notification of your decision to
cancel the contract and will
reflect any investment gain or
loss in the variable investment
options (less the daily charges
we deduct) through the date we
receive your contract. This
includes a modified calculation
of the Segment Interim Value for
amounts allocated to existing
Segments. For any IRA contract
returned to us within seven days
after you receive it, we are
required to refund the full
amount of your contribution.
Only for the purpose of
calculating your refunded amount
if you exercise your right to
cancel within a certain number
of days, your Segment Interim
Value is equal to the sum of the
following components:
(1) Fair Value of Fixed
Instruments; plus
(2) Fair Value of Derivatives;
plus
(3) Cap Calculation Factor
(computed based on the
assumption that we have not
incurred any expense).
See "Withdrawals treated as The paragraph under "Withdrawals
surrenders" in "Accessing your treated as surrenders" is
money" deleted in its entirety and
replaced with the following:
We have the right to pay the
cash value and terminate the
contract if no contributions are
made during the last three
completed contract years and you
make a withdrawal that would
result in a cash value of less
than $500. For the tax
consequences of withdrawals, see
"Tax information" later in this
Prospectus.
See "The amount applied to If a life contingent annuity
purchase an annuity payout payout option is elected, the
option" in "Accessing your money" amount applied to the annuity
benefit will be 100% of the
account value and any applicable
withdrawal charge will be waived.
Form No. IM-25-17 (2/17) Catalog No.157119 (2/17)
AR SCS 16 New Biz/Inforce -
NY only #331060
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STATE FEATURES AND BENEFITS AVAILABILITY OR VARIATION
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NEW YORK If a non-life contingent annuity
(CONTINUED) payout option is elected, the
amount applied to the annuity
benefit is the greater of the
cash value or 95% of what the
account value would be if no
withdrawal charge applied.
See "Owner and annuitant Joint annuitants do not have to
requirements" in "Contract be spouses.
features and benefits"
See "Disability, terminal Item (i) is deleted and replaced
illness, or confinement to a with the following: An owner (or
nursing home" in "Charges and older joint owner, if
expenses" applicable) has qualified to
receive Social Security
disability benefits as certified
by the Social Security
Administration or meets the
definition of a total disability
as specified in the contract. To
qualify, a recertification
statement from a physician will
be required every 12 months from
the date disability is
determined.
See "Transfers of ownership, You may assign all or a portion
collateral assignments, loans of your contract at any time,
and borrowing" in "More unless otherwise restricted for
information" tax qualification purposes.
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Structured Capital Strategies(R) is issued by and is a registered service mark
of
AXA Equitable Life Insurance Company (AXA Equitable).
Co-distributed by affiliates AXA Advisors, LLC and AXA Distributors, LLC.
1290 Avenue of the Americas, New York, NY 10104.
Copyright 2017 AXA Equitable Life Insurance Company. All rights reserved.
AXA Equitable Life Insurance Company
1290 Avenue of the Americas, New York, NY 10104
(212) 554-1234
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