FILED PURSUANT TO RULE 424 (B) (3)
REGISTRATION NO. 333-195440
AXA Equitable Life Insurance Company
SUPPLEMENT DATED NOVEMBER 14, 2014, TO THE PROSPECTUS FOR STRUCTURED CAPITAL
STRATEGIES(R) DATED MAY 1, 2014
--------------------------------------------------------------------------------
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.
Please note the following:
On or about November 24, 2014, the following features will be available to
Structured Capital Strategies(R) contract owners in Puerto Rico:
.. Choice Segments
.. The Financial Select Sector SPDR(R) Fund 1-year Segment with a -10% buffer
To reflect these changes, the "Puerto Rico" section of "Appendix II: State
contract availability and/or variations of certain features and benefits" in
the Prospectus is replaced in its entirety with the following:
--------------------------------------------------------------------------------
STATE FEATURES AND BENEFITS AVAILABILITY OR VARIATION
--------------------------------------------------------------------------------
PUERTO RICO Inherited IRA Not available
Beneficiary continuation option Not available
IRA and Roth IRA Available for direct rollovers
from U.S. source 401(a) plans
and direct transfers from the
same type of U.S. source IRAs.
See footnote 1 in "Fee table" There is no premium tax charge
and "Charges for state premium imposed.
and other applicable taxes" in
"Charges and expenses"
See "Purchase considerations for We do not offer Structured
a charitable remainder trusts" Capital Strategies(R) contracts
under "Owner and annuitant to charitable remainder trusts
requirements" in "Contract in Puerto Rico.
features and benefits"
See "Taxation of nonqualified There are special rules for
annuities" in "Tax information" nonqualified contracts issued in
Puerto Rico.
Income from NQ contracts we
issue is U.S. source. A Puerto
Rico resident is subject to U.S.
taxation on such U.S. source
income. Only Puerto Rico source
income of Puerto Rico residents
is excludable from U.S.
taxation. Income from NQ
contracts is also subject to
Puerto Rico tax. The calculation
of the taxable portion of
amounts distributed from a
contract may differ in the two
jurisdictions. Therefore, you
might have to file both U.S. and
Puerto Rico tax returns, showing
different amounts of income from
the contract for each tax
return. Puerto Rico generally
provides a credit against Puerto
Rico tax for U.S. tax paid.
Depending on your personal
situation and the timing of the
different tax liabilities, you
may not be able to take full
advantage of this credit.
Owners or beneficiaries of
annuity contracts in Puerto Rico
which are not individuals are
required to complete the
appropriate Form W-8 describing
the entity type to avoid 30%
FATCA withholding from
U.S.-source income.
--------------------------------------------------------------------------------
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 2014 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
IM-20-14 (11/14) Cat# 153097 (11/14)
SCS/IF #815365
AXA Equitable Life Insurance Company
SUPPLEMENT DATED NOVEMBER 14, 2014, TO THE PROSPECTUS FOR STRUCTURED CAPITAL
STRATEGIES(R) DATED AUGUST 1, 2014
--------------------------------------------------------------------------------
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.
Please note the following:
On or about November 24, 2014, the following features will be available to
Structured Capital Strategies(R) contract owners in Puerto Rico:
.. Choice Segments
.. The Financial Select Sector SPDR(R) Fund 1-year Segment with a -10% buffer
To reflect these changes, the "Puerto Rico" section of "Appendix II: State
contract availability and/or variations of certain features and benefits" in
the Prospectus is replaced in its entirety with the following:
--------------------------------------------------------------------------------
STATE FEATURES AND BENEFITS AVAILABILITY OR VARIATION
--------------------------------------------------------------------------------
PUERTO RICO Inherited IRA Not available
Beneficiary continuation option Not available
IRA and Roth IRA Available for direct rollovers
from U.S. source 401(a) plans
and direct transfers from the
same type of U.S. source IRAs.
See footnote 1 in "Fee table" There is no premium tax charge
and "Charges for state premium imposed.
and other applicable taxes" in
"Charges and expenses"
See "Purchase considerations for We do not offer Structured
a charitable remainder trusts" Capital Strategies(R) contracts
under "Owner and annuitant to charitable remainder trusts
requirements" in "Contract in Puerto Rico.
features and benefits"
See "Taxation of nonqualified There are special rules for
annuities" in "Tax information" nonqualified contracts issued in
Puerto Rico.
Income from NQ contracts we
issue is U.S. source. A Puerto
Rico resident is subject to U.S.
taxation on such U.S. source
income. Only Puerto Rico source
income of Puerto Rico residents
is excludable from U.S.
taxation. Income from NQ
contracts is also subject to
Puerto Rico tax. The calculation
of the taxable portion of
amounts distributed from a
contract may differ in the two
jurisdictions. Therefore, you
might have to file both U.S. and
Puerto Rico tax returns, showing
different amounts of income from
the contract for each tax
return. Puerto Rico generally
provides a credit against Puerto
Rico tax for U.S. tax paid.
Depending on your personal
situation and the timing of the
different tax liabilities, you
may not be able to take full
advantage of this credit.
Owners or beneficiaries of
annuity contracts in Puerto Rico
which are not individuals are
required to complete the
appropriate Form W-8 describing
the entity type to avoid 30%
FATCA withholding from
U.S.-source income.
--------------------------------------------------------------------------------
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 2014 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
IM-17-14 (11/14) Cat.# 153094 (11/14)
SCS/NB #813474