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October 31, 2005 at 07:00 PM
A large financial services company is acting quickly to help the many financial services customers living in areas of Florida hit by Hurricane Wilma.[@@]
AXA Financial, New York, says 4 of its insurance companies have relaxed grace periods for Florida policyholders affected by Wilma.
The 4 companies are: AXA Equitable Life Insurance Company (the old Equitable Life Assurance Society of the U.S.), AXA Life and Annuity Company, MONY Life Insurance Company, and MONY Life Insurance Company of America.
The 4 companies will extend the grace periods for payment of premiums and policy loan interest by 60 days for any grace period that normally would expire between Oct. 21 and Dec. 20.
