AXA Equitable's BrightLight Protect

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AXA Equitable has announced that its BrightLife Protect product will be available for sale on February 17, 2014.  The product is a flexible universal life product where premiums can be allocated to a traditional Fixed Account and/or an indexed Select Account.  It offers a low cost charge structure which is a competitive alternative to current assumption UL, guaranteed UK, and protection-oriented indexed UL.  The Select Account earnings are based on the performance of the S&P 500 Price Return Index.