Survivorship Incentive LifeSM Legacy
Summary Prospectus for Existing Investors
May 1, 2024
This updating summary prospectus summarizes key features of the Survivorship Incentive LifeSM Legacy policy. The Prospectus and Statement of Additional Information (SAI) for Survivorship Incentive LifeSM Legacy contain more information about the policy, including its features, benefits and risks. The Prospectus and SAI are incorporated by reference into this updating summary prospectus. You can find the current Prospectus, SAI and other information about the Survivorship Incentive LifeSM Legacy policy online at www.equitable.com/ICSR#EQH146698. You can request this information at no cost by calling 1-800-777-6510 (for U.S. residents) or 1-704-341-7000 (outside of the U.S.) or by sending an email request to EquitableFunds@dfinsolutions.com.
Additional general information about certain investment products, including variable life insurance policies, has been prepared by the Securities and Exchange Commissions staff and is available at Investor.gov.
This product is issued by Equitable Financial Life Insurance Company (the Company, we, our and us) with variable investment options offered under Separate Account FP (the Separate Account).
Updated Information About Your Survivorship Incentive LifeSM Legacy Policy
The information in this updating summary prospectus is a summary of certain Survivorship Incentive LifeSM Legacy policy features that have changed since the statutory prospectus dated May 1, 2023. This may not reflect all of the changes that have occurred since you entered into your Survivorship Incentive LifeSM Legacy policy.
INVESTMENT OPTIONS
There have been changes to the Appendix: Investment options available under the policy in this summary prospectus.
Investment Option Name Changes: EQ/JPMorgan Growth Stock Portfolio (formerly EQ/T. Rowe Price Growth Stock Portfolio); Macquarie VIP High Income Series (formerly Delaware Ivy VIP High Income).
Portfolio Reorganization: Certain portfolios of the EQ Premier VIP Trust (the Acquired Trust Portfolios) were reorganized into substantially identical, newly created portfolios of the EQ Advisors Trust (the Acquiring Trust Portfolios). The investment objectives, policies, principal strategies, principal risks, and the fees and expenses of the Acquired Trust Portfolios and corresponding Acquiring Trust Portfolios are substantially identical, and their Investment Manager did not change. The Acquired Trust Portfolios under your policy were removed as investment options, and the corresponding Acquiring Trust Portfolios were added as available investment options (subject to any applicable allocation restrictions) without impacting your policy account value, investment allocations, or expenses.
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Important Information You Should Consider About the Survivorship Incentive LifeSM Legacy policy (the policy):
FEES AND EXPENSES | ||
Charges for Early Withdrawals | We will not deduct a charge for making a partial withdrawal from your policy, however, if you surrender the policy in its first fifteen years or the first 15 years after you have requested an increase in your policys face amount, you will be subject to a surrender charge of up to 1.032% of face amount. For example, if you surrender your policy in the first year and the policy face amount was $100,000, you could pay a surrender charge of up to $1,032.
For more information on the impacts of withdrawals, please refer to Making withdrawals from your policy in the Prospectus. For more information on surrender charges, please refer to Deducting policy charges in the Prospectus. | |
Transaction Charges | In addition to surrender charges, you may be subject to other transaction charges, including charges on each premium paid under the policy, charges in connection with requests to decrease your policys face amount, transfer fees, and other special service charges (e.g., wire transfer charges, express mail charges, policy illustration charges, duplicate policy charges, policy history charges, and charges for returned payments).
For more information on transaction charges, please refer to the Fee Table in the Prospectus. | |
Ongoing Fees and Expenses (annual charges) | In addition to transaction charges, an investment in the policy is subject to certain ongoing fees and expenses, including fees and expenses covering the cost of insurance under the policy, administration and mortality risks, and the cost of optional benefits available under the policy. Such fees and expenses may be based on characteristics of the insureds (e.g., age, sex, risk class and particular health, occupational or vocational risks). You should view the information pages of your policy for rates applicable to your policy.
You will also bear expenses associated with the variable investment options that you invest in (the Portfolios) under the policy, as shown in the following table: |
Annual Fee | Minimum | Maximum | ||||
Portfolios | 0.57% | 2.60% | ||||
Portfolio expenses are for the year ended December 31, 2023, and may be based, in part, on estimated amounts of such expenses and may change from year to year. For more information on ongoing fees and expenses, please refer to the Fee Table in the Prospectus and Appendix: Investment options available under the policy which is part of the Prospectus. |
RISKS | ||
Risk of Loss | You may lose money by investing in the policy. | |
Not a Short-Term Investment | The policy is not a short-term investment and is not appropriate for an investor who needs ready access to cash. The policy is designed to provide benefits on a long-term basis. Consequently, you should not use the policy as a short-term investment or savings vehicle. Because of the long-term nature of the policy, you should consider whether purchasing the Policy is consistent with the purpose for which it is being considered. | |
Risks Associated with Investment Options | An investment in the policy is subject to the risk of poor investment performance and can vary depending on the performance of the Portfolios available under the policy and the guaranteed interest option (GIO), each of which has its own unique risks. (The guaranteed interest option is part of what your policy and other supplemental material may refer to as the Guaranteed Interest Account.) You should review the Portfolios prospectuses and the Guaranteed Interest Option section in Investment options within your policy in the Prospectus before making an investment decision. Portfolio prospectuses are available at www.equitable.com/ICSR#EQH146698.
For more information on the Portfolios, please refer to Appendix: Investment options available under the policy in the Prospectus. | |
Insurance Company Risks |
An investment in the policy is subject to the risks related to the Company. Any policy obligations (including under the GIO), guarantees, or benefits are subject to the claims-paying ability of the Company. More information about the Company, including its financial strength ratings, is available at https://equitable.com/about-us/financial-strength-ratings. More information about the Companys general account can be found in About our general account in the Prospectus. |
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RISKS | ||
Policy Lapse | Death benefits will not be paid if the policy has lapsed. Your policy may lapse if due to insufficient premium payments, poor investment performance, withdrawals, unpaid loans or loan interest, your policy account value does not cover policy charges. If your policy provides for a no-lapse guarantee, you may have to pay more premiums to keep your policy from terminating. If your policy lapses, you will be notified in writing and given an opportunity to make additional payments to reinstate your policy.
For more information on how to prevent your policy from lapsing, please refer to The minimum amount of premiums you must pay and You can guarantee that your policy will not terminate before a certain date in the Prospectus. | |
RESTRICTIONS | ||
Investments | You may allocate your premiums to any of the Portfolios set forth in Appendix: Investment options available under the policy (unless you elected the Extended No Lapse Guarantee Rider or exercise the Paid Up Death Benefit Guarantee in which case you are limited to certain investment options as provided in said Appendix). We reserve the right to remove or substitute Portfolios as investment options under the policy.
Currently, the total of all transfers of variable investment options you make on the same day must be at least $500; except that you may transfer your entire balance in a single Portfolio, even if it is less than $500. We may limit transfers you can make out of the unloaned GIO and we may limit transfers you can make into the unloaned GIO, if the Paid Up Death Benefit Guarantee or the Extended No Lapse Guarantee Rider is in effect. For more information, please refer to Restrictions on transfers into the guaranteed interest option in Transfers you can make in the Prospectus.
We allow only one request for transfers each day (although that request can cover multiple transfers). Only written transfer requests submitted to our Administrative Office may be processed for Policies that are jointly owned or assigned. We reserve the right to limit Policy transfers if we determine that you are engaged in a disruptive transfer activity, such as market timing.
For more information please refer to Variable investment options and Transfers you can make in the Prospectus. | |
Optional Benefits | As a policy owner, you may be able to obtain extra benefits, which may require additional charges. These optional benefits are described in what is known as a rider to the policy.
Optional benefits may be subject to additional charges and payments made under these benefits are generally subject to the same transaction fees as other premium payments but may be treated differently for other purposes (e.g., certain death benefit minimums). Optional benefits are not available for all ages (or may terminate at certain ages) and underwriting classifications. We may stop offering an optional benefit at any time, unless previously elected.
For more information on optional benefits and other limitations under the policy, please refer to Other benefits and Suicide and certain misstatements in the Prospectus. | |
TAXES | ||
Tax Implications | You should consult with a tax professional to determine the tax implications of an investment in and payments received under the policy. There is no additional tax benefit to the investor if the policy is purchased through a tax-qualified plan or individual retirement account (IRA). Withdrawals will be subject to ordinary income tax and may be subject to tax penalties.
For more information on tax implications relating to policy investments, please refer to Tax information in the Prospectus. |
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CONFLICTS OF INTEREST | ||
Investment Professional Compensation | Some financial professionals may receive compensation for selling the policy to you, both in the form of commissions or in the form of contribution-based compensation. Financial professionals may also receive additional compensation for enhanced marketing opportunities and other services (commonly referred to as marketing allowances). This conflict of interest may influence the financial professional to recommend this policy over another investment.
For more information on investment professional compensation, please refer to Distribution of the policies in the Prospectus. | |
Exchanges | Some investment professionals may have a financial incentive to offer you a new policy in place of the one you already own. You should only exchange your policy if you determine, after comparing the features, fees, and risks of both policies, that it is preferable to purchase the new policy, rather than continue to own your current policy.
For more information on exchanges, please refer to the paragraph titled Section 1035 exchanges of policies under How you can pay for and contribute to your policy in the Prospectus, as well as the section titled Future policy exchanges in the Prospectus. |
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Appendix: Investment options available under the policy
The following is a list of Portfolio Companies available under the Policy. More information about the Portfolio Companies is available in the prospectuses for the Portfolio Companies, which may be amended from time to time and can be found online at www.equitable.com/ICSR#EQH146698. You can request this information at no cost by calling 1-877-522-5035 or by sending an email request to EquitableFunds@dfinsolutions.com. If you elected the Extended No Lapse Guarantee Rider or exercise the Paid Up Death Benefit Guarantee, you may only invest in the Portfolio Companies listed in the designated table below.
The current expenses and performance information below reflects fees and expenses of the Portfolio Companies, but do not reflect the other fees and expenses that your policy may charge. Expenses would be higher and performance would be lower if these charges were included. Each variable investment options past performance is not necessarily an indication of future performance.
Affiliated Portfolio Companies:
Current Expenses |
Average Annual Total Returns (as of 12/31/2023) |
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TYPE | Portfolio Company Investment Adviser; Sub-Adviser(s), as applicable | 1 year | 5 year | 10 year | ||||||||||||||
Specialty | 1290 VT Convertible Securities Equitable Investment Management Group, LLC (EIMG); SSGA Funds Management, Inc. |
0.90% | ^ | 13.73% | 9.37% | 6.84% | ||||||||||||
Fixed Income | 1290 VT DoubleLine Opportunistic Bond EIMG; DoubleLine Capital LP |
0.91% | ^ | 6.60% | 0.72% | | ||||||||||||
Equity | 1290 VT Equity Income EIMG; Barrow, Hanley, Mewhinney & Strauss, LLC d/b/a Barrow Hanley Global Investors |
0.95% | ^ | 5.49% | 10.25% | 7.23% | ||||||||||||
Specialty | 1290 VT GAMCO Mergers & Acquisitions EIMG; GAMCO Asset Management, Inc. |
1.29% | ^ | 9.53% | 4.22% | 3.39% | ||||||||||||
Equity | 1290 VT GAMCO Small Company Value EIMG; GAMCO Asset Management, Inc. |
1.06% | 21.04% | 12.82% | 7.94% | |||||||||||||
Equity | 1290 VT Small Cap Value EIMG; BlackRock Investment Management, LLC, Horizon Kinetics Asset Management LLC |
1.17% | ^ | 5.79% | 12.69% | | ||||||||||||
Equity | 1290 VT SmartBeta Equity ESG EIMG; AXA Investment Managers US Inc. |
1.10% | ^ | 16.49% | 11.53% | 8.52% | ||||||||||||
Equity | 1290 VT Socially Responsible EIMG; BlackRock Investment Management, LLC |
0.92% | 27.50% | 15.12% | 11.32% | |||||||||||||
Equity | EQ/2000 Managed Volatility EIMG; AllianceBernstein L.P., BlackRock Investment Management, LLC |
0.84% | 15.99% | 8.76% | 6.15% | |||||||||||||
Equity | EQ/400 Managed Volatility EIMG; AllianceBernstein L.P., BlackRock Investment Management, LLC |
0.85% | ^ | 15.44% | 11.32% | 8.11% | ||||||||||||
Equity | EQ/500 Managed Volatility EIMG; AllianceBernstein L.P., BlackRock Investment Management, LLC |
0.81% | 25.27% | 14.21% | 10.71% | |||||||||||||
Equity | EQ/AB Small Cap Growth EIMG; AllianceBernstein L.P. |
0.93% | 17.70% | 10.59% | 7.78% | |||||||||||||
Asset Allocation | EQ/Aggressive Allocation EIMG |
1.18% | 18.37% | 10.23% | 7.07% | |||||||||||||
Asset Allocation | EQ/All Asset Growth Allocation EIMG |
1.25% | ^ | 14.15% | 7.70% | 5.27% | ||||||||||||
Equity | EQ/American Century Mid Cap Value EIMG; American Century Investment Management, Inc. |
1.00% | ^ | 5.98% | 10.88% | | ||||||||||||
Equity | EQ/Capital Group Research EIMG; Capital International, Inc. |
0.97% | ^ | 22.98% | 14.97% | 11.34% | ||||||||||||
Equity | EQ/ClearBridge Large Cap Growth ESG EIMG; ClearBridge Investments, LLC |
1.00% | ^ | 45.91% | 15.78% | 10.70% | ||||||||||||
Equity | EQ/Common Stock Index EIMG; AllianceBernstein L.P. |
0.67% | ^ | 25.13% | 14.45% | 10.79% | ||||||||||||
Asset Allocation | EQ/Conservative Allocation EIMG |
1.00% | ^ | 8.02% | 2.60% | 2.15% | ||||||||||||
Asset Allocation | EQ/Conservative-Plus Allocation EIMG |
0.85% | ^ | 10.86% | 4.76% | 3.57% | ||||||||||||
Fixed Income | EQ/Core Bond Index EIMG; SSGA Funds Management, Inc. |
0.64% | ^ | 4.51% | 1.02% | 1.11% | ||||||||||||
Fixed Income | EQ/Core Plus Bond EIMG; Brandywine Global Investment Management, LLC, Loomis, Sayles & Company, L.P. |
0.93% | ^ | 4.51% | 1.94% | 1.60% | ||||||||||||
Equity | EQ/Equity 500 Index EIMG; AllianceBernstein L.P. |
0.54% | ^ | 25.57% | 15.03% | 11.37% | ||||||||||||
Equity | EQ/Fidelity Institutional AM® Large Cap EIMG; FIAM LLC |
0.87% | ^ | 31.38% | 16.55% | | ||||||||||||
Equity | EQ/Franklin Rising Dividends EIMG; Franklin Advisers, Inc. |
0.87% | ^ | 12.13% | 13.88% | | ||||||||||||
Equity | EQ/Global Equity Managed Volatility EIMG; BlackRock Investment Management, LLC |
1.10% | ^ | 21.37% | 9.74% | 6.29% | ||||||||||||
Equity | EQ/Goldman Sachs Mid Cap Value EIMG; Goldman Sachs Asset Management L.P. |
1.09% | ^ | 11.22% | 12.97% | |
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Current Expenses |
Average Annual Total Returns (as of 12/31/2023) |
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TYPE | Portfolio Company Investment Adviser; Sub-Adviser(s), as applicable | 1 year | 5 year | 10 year | ||||||||||||||
Fixed Income | EQ/Intermediate Government Bond EIMG; SSGA Funds Management, Inc. |
0.64% | ^ | 3.87% | 0.39% | 0.56% | ||||||||||||
Equity | EQ/International Core Managed Volatility EIMG; BlackRock Investment Management, LLC |
1.06% | 16.85% | 7.96% | 3.55% | |||||||||||||
Equity | EQ/International Equity Index EIMG; AllianceBernstein L.P. |
0.72% | ^ | 19.04% | 8.10% | 3.69% | ||||||||||||
Equity | EQ/International Managed Volatility EIMG; AllianceBernstein L.P., BlackRock Investment Management, LLC |
0.87% | 16.86% | 7.32% | 3.27% | |||||||||||||
Equity | EQ/International Value Managed Volatility EIMG; BlackRock Investment Management, LLC, Harris Associates LP |
1.03% | 18.52% | 7.60% | 3.02% | |||||||||||||
Equity | EQ/Invesco Comstock EIMG; Invesco Advisers, Inc. |
1.00% | ^ | 12.01% | 13.18% | 8.70% | ||||||||||||
Specialty | EQ/Invesco Global Real Assets EIMG; Invesco Advisers, Inc. |
1.16% | 10.08% | 5.45% | | |||||||||||||
Equity | EQ/Janus Enterprise EIMG; Janus Henderson Investors US LLC |
1.05% | 17.01% | 13.08% | 7.62% | |||||||||||||
Equity | EQ/JPMorgan Growth Stock EIMG; J.P. Morgan Investment Management Inc. |
0.96% | ^ | 46.33% | 12.84% | 11.28% | ||||||||||||
Equity | EQ/JPMorgan Value Opportunities EIMG; J.P. Morgan Investment Management Inc. |
0.96% | 10.90% | 14.17% | 10.12% | |||||||||||||
Equity | EQ/Large Cap Core Managed Volatility EIMG; BlackRock Investment Management, LLC |
0.90% | 23.98% | 14.26% | 10.58% | |||||||||||||
Equity | EQ/Large Cap Growth Index EIMG; AllianceBernstein L.P. |
0.73% | 41.54% | 18.63% | 14.02% | |||||||||||||
Equity | EQ/Large Cap Growth Managed Volatility EIMG; BlackRock Investment Management, LLC |
0.88% | 38.97% | 16.20% | 12.47% | |||||||||||||
Equity | EQ/Large Cap Value Index EIMG; AllianceBernstein L.P. |
0.74% | 10.71% | 10.15% | 7.66% | |||||||||||||
Equity | EQ/Large Cap Value Managed Volatility EIMG; AllianceBernstein L.P. |
0.87% | 14.01% | 10.78% | 7.82% | |||||||||||||
Equity | EQ/Lazard Emerging Markets Equity EIMG; Lazard Asset Management LLC |
1.35% | ^ | 21.68% | 5.11% | | ||||||||||||
Equity | EQ/Loomis Sayles Growth EIMG; Loomis, Sayles & Company, L.P. |
1.05% | ^ | 43.89% | 15.66% | 13.24% | ||||||||||||
Equity | EQ/MFS International Growth EIMG; Massachusetts Financial Services Company d/b/a MFS Investment Management |
1.10% | ^ | 14.52% | 9.28% | 6.12% | ||||||||||||
Equity | EQ/MFS International Intrinsic Value EIMG; Massachusetts Financial Services Company d/b/a MFS Investment Management |
1.15% | ^ | 17.37% | 8.29% | | ||||||||||||
Equity | EQ/MFS Mid Cap Focused Growth EIMG; Massachusetts Financial Services Company d/b/a MFS Investment Management |
1.10% | ^ | 22.32% | 13.41% | | ||||||||||||
Specialty | EQ/MFS Technology EIMG; Massachusetts Financial Services Company d/b/a MFS Investment Management |
1.14% | 54.10% | 17.38% | | |||||||||||||
Equity | EQ/Mid Cap Index EIMG; AllianceBernstein L.P. |
0.65% | ^ | 15.77% | 11.88% | 8.54% | ||||||||||||
Equity | EQ/Mid Cap Value Managed Volatility EIMG; BlackRock Investment Management, LLC |
0.97% | 13.19% | 10.36% | 7.21% | |||||||||||||
Asset Allocation | EQ/Moderate Allocation EIMG |
1.11% | 12.31% | 5.76% | 4.17% | |||||||||||||
Asset Allocation | EQ/Moderate-Plus Allocation EIMG |
1.13% | 15.36% | 8.10% | 5.67% | |||||||||||||
Cash/Cash Equivalent | EQ/Money Market* EIMG; Dreyfus, a division of Mellon Investments Corporation |
0.69% | 4.47% | 1.48% | 0.90% | |||||||||||||
Equity | EQ/Morgan Stanley Small Cap Growth EIMG; BlackRock Investment Management, LLC, Morgan Stanley Investment Management, Inc. |
1.15% | ^ | 34.45% | 15.17% | | ||||||||||||
Fixed Income | EQ/PIMCO Real Return EIMG; Pacific Investment Management Company LLC |
2.26% | ^ | 3.53% | 3.13% | | ||||||||||||
Fixed Income | EQ/PIMCO Total Return ESG EIMG; Pacific Investment Management Company LLC |
0.87% | ^ | 5.63% | 1.11% | | ||||||||||||
Fixed Income | EQ/PIMCO Ultra Short Bond EIMG; Pacific Investment Management Company LLC |
0.88% | ^ | 5.56% | 1.61% | 1.25% | ||||||||||||
Fixed Income | EQ/Quality Bond PLUS EIMG; AllianceBernstein L.P., Pacific Investment Management Company LLC |
0.86% | 4.35% | 0.51% | 0.84% | |||||||||||||
Equity | EQ/Small Company Index EIMG; AllianceBernstein L.P. |
0.64% | 16.72% | 10.06% | 7.01% | |||||||||||||
Equity | EQ/Value Equity EIMG; Aristotle Capital Management, LLC |
0.92% | 19.52% | 10.06% | 6.90% | |||||||||||||
Specialty | EQ/Wellington Energy EIMG; Wellington Management Company LLP |
1.19% | ^ | 5.99% | 3.78% | | ||||||||||||
Asset Allocation | Equitable Conservative Growth MF/ETF Portfolio EIMG |
1.10% | ^ | 9.86% | 7.20% | 4.77% | ||||||||||||
Equity | Multimanager Aggressive Equity EIMG; AllianceBernstein L.P. |
1.00% | 38.29% | 15.92% | 12.48% | |||||||||||||
Fixed Income | Multimanager Core Bond EIMG; BlackRock Financial Management, Inc., DoubleLine Capital LP, Pacific Investment Management Company LLC, SSGA Funds Management, Inc. |
0.87% | ^ | 5.15% | 0.63% | 1.21% |
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Current Expenses |
Average Annual Total Returns (as of 12/31/2023) |
|||||||||||||||||
TYPE | Portfolio Company Investment Adviser; Sub-Adviser(s), as applicable | 1 year | 5 year | 10 year | ||||||||||||||
Specialty | Multimanager Technology EIMG; AllianceBernstein L.P., FIAM LLC, Wellington Management Company LLP |
1.24% | ^ | 49.53% | 19.07% | 16.18% | ||||||||||||
Asset Allocation | Target 2025 Allocation EIMG |
1.10% | ^ | 13.58% | 7.42% | 5.42% | ||||||||||||
Asset Allocation | Target 2035 Allocation EIMG |
1.09% | 16.56% | 9.12% | 6.47% | |||||||||||||
Asset Allocation | Target 2045 Allocation EIMG |
1.08% | 18.11% | 10.15% | 7.12% | |||||||||||||
Asset Allocation | Target 2055 Allocation EIMG |
1.10% | ^ | 19.82% | 11.22% | |
^ | This Portfolios annual expenses reflect temporary fee reductions. |
| EQ Managed Volatility Portfolios that include the EQ volatility management strategy as part of their investment objective and/or principal investment strategy, and the EQ/affiliated Fund of Fund Portfolios that invest in Portfolios that use the EQ volatility management strategy, are identified in the chart by a . See Portfolios of the Trusts for more information regarding volatility management. |
* | The Portfolio operates as a government money market fund. The Portfolio will invest at least 99.5% of its total assets in U.S. government securities, cash, and/or repurchase agreements that are fully collateralized by U.S. government securities or cash. |
Unaffiliated Portfolio Companies:
Current Expenses |
Average Annual Total Returns (as of 12/31/2023) |
|||||||||||||||||
TYPE | Portfolio Company Investment Adviser; Sub-Adviser(s), as applicable | 1 year | 5 year | 10 year | ||||||||||||||
Equity |
American Funds Insurance Series® Global Small Capitalization Fund Capital Research and Management Company |
1.16% | ^ | 15.79% | 8.03% | 5.51% | ||||||||||||
Equity |
American Funds Insurance Series® New World Fund® Capital Research and Management Company |
1.07% | ^ | 15.67% | 8.37% | 4.43% | ||||||||||||
Equity |
Fidelity® VIP Growth & Income Portfolio Fidelity Management and Research Company (FMR) |
0.74% | 18.37% | 14.50% | 9.99% | |||||||||||||
Equity |
Fidelity® VIP Mid Cap Portfolio Fidelity Management and Research Company (FMR) |
0.82% | 14.80% | 12.17% | 7.86% | |||||||||||||
Equity |
Franklin Small Cap Value VIP Fund Franklin Mutual Advisers, LLC |
0.91% | ^ | 12.75% | 11.06% | 7.04% | ||||||||||||
Equity |
Invesco V.I. Main Street Mid Cap Fund® Invesco Advisers, Inc. |
1.19% | 14.14% | 10.32% | 6.45% | |||||||||||||
Equity |
Invesco V.I. Small Cap Equity Fund Invesco Advisers, Inc. |
1.20% | 16.26% | 12.14% | 6.28% | |||||||||||||
Fixed Income |
Macquarie VIP High Income Series(1) Delaware Management Company; Macquarie Investment Management Austria Kapitalanlage AG, Macquarie Investment Management Europe Limited, Macquarie Investment Management Global Limited |
0.96% | 11.95% | 4.46% | 3.70% | |||||||||||||
Equity |
MFS® Investors Trust Series Massachusetts Financial Services Company |
1.03% | ^ | 18.66% | 13.27% | 10.00% | ||||||||||||
Equity |
MFS® Massachusetts Investors Growth Stock Portfolio Massachusetts Financial Services Company |
0.98% | ^ | 23.70% | 16.39% | 12.44% | ||||||||||||
Specialty |
PIMCO CommodityRealReturn® Strategy Portfolio Pacific Investment Management Company LLC |
1.58% | ^ | -7.93% | 8.46% | -0.90% | ||||||||||||
Equity |
T. Rowe Price Equity Income Portfolio - II T. Rowe Price Associates, Inc. |
0.99% | 9.31% | 10.92% | 7.57% | |||||||||||||
Equity |
Templeton Developing Markets VIP Fund Templeton Asset Management Ltd. |
1.35% | ^ | 12.62% | 4.22% | 2.32% | ||||||||||||
Fixed Income |
Templeton Global Bond VIP Fund Franklin Advisers, Inc. |
0.75% | ^ | 2.88% | -2.13% | -0.66% | ||||||||||||
Specialty |
VanEck VIP Global Resources Fund Van Eck Associates Corporation |
1.36% | -3.84% | 10.34% | -1.26% |
^ | This Portfolios annual expenses reflect temporary fee reductions. |
(1) | This is the variable investment options new name. The variable investment options former name is Delaware Ivy VIP High Income which may continue to be used in certain documents for a period of time after the date of this prospectus. |
Allowable EQ Allocation Investment Options:
If you elected the Extended No Lapse Guarantee Rider or exercise the Paid Up Death Benefit Guarantee, in addition to the Guaranteed Interest Option, investment options are limited to the following (the EQ Allocation Investment Options):
EQ/Aggressive Allocation EQ/Conservative Allocation EQ/Conservative-Plus Allocation |
EQ/Moderate Allocation EQ/Moderate-Plus Allocation |
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Survivorship Incentive LifeSM Legacy
Issued by
Equitable Financial Life Insurance Company
We have filed with the Securities and Exchange Commission a Prospectus and a Statement of Additional Information (SAI) that include additional information about the policy, the Company and Separate Account FP. The Prospectus and SAI are incorporated by reference into this updating summary prospectus. The Prospectus and SAI are available free of charge. To request a copy of either document, to ask about your policy, or to make other investor inquiries, please call 1-800-777-6510 (for U.S. residents) or 1-704-341-7000 (outside of the U.S.) or by sending an email request to EquitableFunds@dfinsolutions.com. The Prospectus and SAI are also available at our website www.equitable.com/ICSR#EQH146698.
SEC Contract Identifier: C000066716
Equitable Financial Life Insurance Company
Equitable Financial Life Insurance Company of America
Supplement dated May 1, 2024, to the current variable annuity and life prospectuses, initial summary prospectuses, updating summary prospectuses, and modern alternative disclosure annual notices for variable annuity contracts and life policies listed below
This Supplement updates certain information in the most recent prospectus, initial summary prospectuses, updating summary prospectuses, and modern alternative disclosure annual notices (collectively, the Prospectus) for the variable annuity contracts and life policies listed in this Supplement. You should read this Supplement in conjunction with the Prospectus and retain it for future reference. Special terms not defined in this Supplement have the same meaning as in the Prospectus. We will send you another copy of the Prospectus or any prior supplement thereto without charge upon request. For additional information, please contact the customer service group referenced in the Prospectus.
The purpose of this Supplement is to provide you with information regarding a proposed Combination involving certain Portfolios available in your contract or policy.
Combination. Subject to board and regulatory approval and any necessary conditions precedent, effective on or about the close of business on June 21, 2024 (the Effective Date), the class A shares of each Portfolio listed below will be combining into the class B shares of those substantially similar Portfolios. Therefore, on or about the Effective Date, the class B shares of those Portfolios will be available under your contract or policy and the class A shares of those Portfolios will no longer be available under your contract or policy. If you still have account value allocated to an investment option that invests in the class A shares of each Portfolio on the Effective Date, shares of the class A shares of each Portfolio held for you in the that investment option will be exchanged for shares of the class B shares of those Portfolios of equal value on the Effective Date. There will be no financial impact on your contract or policy.
Each investment option that invests in a class A share of the Portfolio will be closed to all transactions on the Effective Date.
Until on or about June 21, 2024, the below listed class A shares of these Portfolios will be available and, therefore, the following hereby amends the corresponding information in the Appendix: Portfolio Companies available under the contract or in the Appendix: Investment options available under the policy in your Prospectus. Please note that not all Portfolios listed below may be available currently under your contract or policy:
TYPE |
Portfolio Company Investment Adviser; Sub-Adviser(s), as applicable |
Current Expenses |
Average Annual Total Returns (as of 12/31/2023) |
|||||||||||||||
1 year | 5 year | 10 year | ||||||||||||||||
Equity |
1290 VT Equity Income Equitable Investment Management Group, LLC (EIMG); Barrow, Hanley, Mewhinney & Strauss, LLC d/b/a Barrow Hanley Global Investors |
0.95% | ^ | 5.33% | 10.24% | 7.24% | ||||||||||||
Specialty |
1290 VT GAMCO Mergers & Acquisitions EIMG; GAMCO Asset Management, Inc. |
1.29% | ^ | 9.47% | 4.20% | 3.38% | ||||||||||||
Equity |
1290 VT GAMCO Small Company Value EIMG; GAMCO Asset Management, Inc. |
1.06% | 21.05% | 12.82% | 7.94% | |||||||||||||
Equity |
1290 VT Socially Responsible EIMG; BlackRock Investment Management, LLC |
0.92% | 27.52% | 15.12% | 11.32% | |||||||||||||
Equity |
EQ/AB Small Cap Growth EIMG; AllianceBernstein L.P. |
0.93% | 17.74% | 10.59% | 7.78% | |||||||||||||
Asset Allocation |
EQ/Aggressive Allocation EIMG |
1.18% | 18.51% | 10.23% | 7.07% | |||||||||||||
Asset Allocation |
EQ/All Asset Growth Allocation EIMG |
1.25% | ^ | 14.15% | 7.69% | 5.27% | ||||||||||||
Equity |
EQ/Capital Group Research EIMG; Capital International, Inc. |
0.97% | ^ | 22.98% | 14.97% | 11.34% | ||||||||||||
Equity |
EQ/ClearBridge Large Cap Growth ESG EIMG; ClearBridge Investments, LLC |
1.00% | ^ | 45.93% | 15.80% | 10.70% | ||||||||||||
Equity |
EQ/ClearBridge Select Equity Managed Volatility EIMG; BlackRock Investment Management, LLC, ClearBridge Investments, LLC |
1.06% | ^ | 24.62% | 15.63% | 9.90% | ||||||||||||
Asset Allocation |
EQ/Conservative Allocation EIMG |
1.00% | ^ | 7.89% | 2.58% | 2.15% | ||||||||||||
Asset Allocation |
EQ/Conservative-Plus Allocation EIMG |
1.10% | ^ | 11.01% | 4.79% | 3.59% | ||||||||||||
Fixed Income |
EQ/Core Bond Index EIMG; SSGA Funds Management, Inc. |
0.64% | ^ | 4.63% | 1.05% | 1.12% | ||||||||||||
Equity |
EQ/Franklin Small Cap Value Managed Volatility EIMG; BlackRock Investment Management, LLC, Franklin Mutual Advisers, LLC |
1.05% | ^ | 14.01% | 9.78% | 6.35% | ||||||||||||
Equity |
EQ/Global Equity Managed Volatility EIMG; BlackRock Investment Management, LLC |
1.10% | ^ | 21.36% | 9.74% | 6.29% | ||||||||||||
Asset Allocation |
EQ/Growth Strategy EIMG |
1.03% | 16.49% | 8.48% | 6.14% | |||||||||||||
Equity |
EQ/International Core Managed Volatility EIMG; BlackRock Investment Management, LLC |
1.06% | 16.76% | 7.95% | 3.54% |
New Biz/Inforce/MAD Notices Annuities/Life | Catalog No. 800142 | |
#759674 |
TYPE |
Portfolio Company Investment Adviser; Sub-Adviser(s), as applicable |
Current Expenses |
Average Annual Total Returns (as of 12/31/2023) |
|||||||||||||||
1 year | 5 year | 10 year | ||||||||||||||||
Equity |
EQ/International Value Managed Volatility EIMG; BlackRock Investment Management, LLC, Harris Associates LP |
1.03% | 18.62% | 7.62% | 3.03% | |||||||||||||
Equity |
EQ/Invesco Comstock EIMG; Invesco Advisers, Inc. |
1.00% | ^ | 12.02% | 13.18% | 8.70% | ||||||||||||
Equity |
EQ/Invesco Global EIMG; Invesco Advisers, Inc. |
1.10% | ^ | 33.84% | 11.75% | 7.95% | ||||||||||||
Equity |
EQ/Janus Enterprise EIMG; Janus Henderson Investors US LLC |
1.05% | 16.96% | 13.08% | 7.62% | |||||||||||||
Equity |
EQ/JPMorgan Growth Stock EIMG; J.P. Morgan Investment Management Inc. |
0.96% | ^ | 46.34% | 12.84% | 11.29% | ||||||||||||
Equity |
EQ/JPMorgan Value Opportunities EIMG; J.P. Morgan Investment Management Inc. |
0.96% | 10.95% | 14.17% | 10.13% | |||||||||||||
Equity |
EQ/Large Cap Core Managed Volatility EIMG; BlackRock Investment Management, LLC |
0.90% | 23.87% | 14.24% | 10.57% | |||||||||||||
Equity |
EQ/Large Cap Growth Index EIMG; AllianceBernstein L.P. |
0.73% | 41.56% | 18.62% | 14.02% | |||||||||||||
Equity |
EQ/Large Cap Growth Managed Volatility EIMG; BlackRock Investment Management, LLC |
0.88% | 38.99% | 16.20% | 12.47% | |||||||||||||
Equity |
EQ/Large Cap Value Index EIMG; AllianceBernstein L.P. |
0.74% | 10.67% | 10.16% | 7.66% | |||||||||||||
Equity |
EQ/Large Cap Value Managed Volatility EIMG; AllianceBernstein L.P. |
0.87% | 14.02% | 10.78% | 7.83% | |||||||||||||
Equity |
EQ/Loomis Sayles Growth EIMG; Loomis, Sayles & Company, L.P. |
1.05% | ^ | 43.64% | 15.65% | 13.25% | ||||||||||||
Equity |
EQ/MFS International Growth EIMG; Massachusetts Financial Services Company d/b/a MFS Investment Management |
1.10% | ^ | 14.23% | 9.27% | 6.10% | ||||||||||||
Equity |
EQ/Mid Cap Index EIMG; AllianceBernstein L.P. |
0.65% | ^ | 15.77% | 11.88% | 8.54% | ||||||||||||
Equity |
EQ/Mid Cap Value Managed Volatility EIMG; BlackRock Investment Management, LLC |
0.97% | 13.14% | 10.36% | 7.21% | |||||||||||||
AssetAllocation |
EQ/Moderate-Plus Allocation EIMG |
1.13% | 15.24% | 8.08% | 5.66% | |||||||||||||
FixedIncome |
EQ/PIMCO Ultra Short Bond EIMG; Pacific Investment Management Company LLC |
0.88% | ^ | 5.68% | 1.64% | 1.26% | ||||||||||||
Equity |
EQ/Small Company Index EIMG; AllianceBernstein L.P. |
0.64% | 16.74% | 10.07% | 7.01% | |||||||||||||
Equity |
EQ/Value Equity EIMG; Aristotle Capital Management, LLC |
0.92% | 19.55% | 10.05% | 6.91% | |||||||||||||
FixedIncome |
Multimanager Core Bond EIMG; BlackRock Financial Management, Inc., DoubleLine Capital LP, Pacific Investment Management Company LLC, SSGA Funds Management, Inc. |
0.87% | ^ | 5.04% | 0.61% | 1.20% | ||||||||||||
Specialty |
Multimanager Technology EIMG; AllianceBernstein L.P., FIAM LLC, Wellington Management Company LLP |
1.24% | ^ | 49.52% | 19.07% | 16.18% |
^ | This Portfolios annual expenses reflect temporary fee reductions. |
| EQ Managed Volatility Portfolios that include the EQ volatility management strategy as part of their investment objective and/or principal investment strategy, and the EQ/affiliated Fund of Fund Portfolios that invest in Portfolios that use the EQ volatility management strategy, are identified in the chart by a . See Portfolios of the Trusts for more information regarding volatility management. |
Please note that you may transfer account value out of the investment option that invests in the above class A shares of each Portfolio into any other investment option available under your contract or policy any time prior to the Effective Date. Such transfers will be free of charge and will not count as one of your annual free transfers under your contract or policy. Also, for a period of 60 days after the Effective Date, any account value that was transferred to the investment option that invests in the class B share of the Portfolio as a result of the Combination can be transferred into any other investment option available under your contract or policy free of charge and will not count as one of your annual free transfers. Please refer to your Prospectus for detailed information about investment options.
On or about the Effective Date:
| The class A share of each Portfolio under your contract or policy will be removed as an investment option, and the corresponding class B share of the Portfolio will be added as an available investment option (subject to any applicable allocation restrictions). If you have account value allocated to the investment option that invests in the class A share of the Portfolio, your contract or policy will be automatically credited with interest in the corresponding investment option that invests in the class B share of the Portfolio. Your interest in the class B share of the Portfolio immediately after the Combination will be equal to your interest in the removed class A share of the Portfolio immediately prior to the Combination. |
| You will not bear any of the expenses related to the Combination, and the Combination will not result in any tax consequences for you. |
| All allocation elections and instructions that include the class A share of the Portfolio(s) will be automatically updated to replace the class A share of the Portfolio(s) with the corresponding class B share of the Portfolio(s) unless you instruct us otherwise. |
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You may wish to consult with your financial professional to determine if your existing allocation instructions should be changed before or after the Effective Date. No action is required on your part. For more information, please contact your financial professional or contact our customer service representative.
Variable Annuity and Life Products List by Portfolio
Target Portfolio | Contract or Policy | |
1290 VT Equity Income | Annuity Products: Retirement Cornerstone® Series; Retirement Cornerstone® Series 12.0; Retirement Cornerstone® Series 13.0; Retirement Cornerstone® Series 15.0; Retirement Cornerstone® Series 15.0 Series E; Retirement Cornerstone® Series 15A; Retirement Cornerstone® Series 15A Series E; Retirement Cornerstone® Series 15B; Retirement Cornerstone® Series 15B Series E; Retirement Cornerstone® Series 17; Retirement Cornerstone® Series 17 Series E; Retirement Cornerstone® Series 19; Retirement Cornerstone® Series 19 Series E
Life Policies: Corporate Sponsored Variable Universal Life; IL Protector; Survivorship 2000SM | |
1290 VT GAMCO Mergers & Acquisitions
1290 VT GAMCO Small Company Value |
Annuity Products: Retirement Cornerstone® Series; Retirement Cornerstone® Series 12.0; Retirement Cornerstone® Series 13.0; Retirement Cornerstone® Series 15.0; Retirement Cornerstone® Series 15.0 Series E; Retirement Cornerstone® Series 15A; Retirement Cornerstone® Series 15A Series E; Retirement Cornerstone® Series 15B; Retirement Cornerstone® Series 15B Series E; Retirement Cornerstone® Series 17; Retirement Cornerstone® Series 17 Series E; Retirement Cornerstone® Series 19; Retirement Cornerstone® Series 19 Series E
Life Policies: Corporate Owned Incentive Life®; Incentive Life COLI; Incentive Life COLI 04; | |
1290 VT Socially Responsible | Life Policies: Corporate Sponsored Variable Universal Life; Incentive Life® 02; Survivorship Incentive LifeSM 02 | |
EQ/AB Small Cap Growth | Annuity Products: EQUI-VEST® (Series 100-500); EQUI-VEST® Employer-Sponsored Retirement Plans; MomentumSM; Retirement Cornerstone® Series; Retirement Cornerstone® Series 12.0; Retirement Cornerstone® Series 13.0; Retirement Cornerstone® Series 15.0; Retirement Cornerstone® Series 15.0 Series E; Retirement Cornerstone® Series 15A; Retirement Cornerstone® Series 15A Series E; Retirement Cornerstone® Series 15B; Retirement Cornerstone® Series 15B Series E; Retirement Cornerstone® Series 17; Retirement Cornerstone® Series 17 Series E; Retirement Cornerstone® Series 19; Retirement Cornerstone® Series 19 Series E; MomentumSM Plus; Variable Immediate Annuity; Retirement Investment Account®
Life Policies: Corporate Owned Incentive Life®; Corporate Sponsored Variable Universal Life; IL Protector; Incentive Life® 02; Incentive Life COLI; Incentive Life COLI 04; Survivorship 2000SM; Survivorship Incentive LifeSM 02 | |
EQ/Aggressive Allocation | Annuity Products: Retirement Cornerstone® Series; Retirement Cornerstone® Series 12.0 | |
EQ/Moderate-Plus Allocation | Life Policies: Corporate Owned Incentive Life®; Corporate Sponsored Variable Universal Life; IL Protector; Incentive Life 02; Incentive Life COLI; Incentive Life COLI 04; Paramount LifeSM; Survivorship 2000SM; Survivorship Incentive LifeSM 02 | |
EQ/All Asset Growth Allocation | Annuity Products: Retirement Cornerstone® Series; Retirement Cornerstone® Series 12.0; Retirement Cornerstone® Series 13.0; Retirement Cornerstone® Series 15.0; Retirement Cornerstone® Series 15.0 Series E; Retirement Cornerstone® Series 15A; Retirement Cornerstone® Series 15A Series E; Retirement Cornerstone® Series 15B; Retirement Cornerstone® Series 15B Series E; Retirement Cornerstone® Series 17; Retirement Cornerstone® Series 17 Series E; Retirement Cornerstone® Series 19; Retirement Cornerstone® Series 19 Series E | |
EQ/Capital Group Research | Annuity Products: Retirement Cornerstone® Series; Retirement Cornerstone® Series 12.0; Retirement Cornerstone® Series 13.0
Life Policies: Corporate Owned Incentive Life®; Corporate Sponsored Variable Universal Life; Incentive Life® 02; Incentive Life COLI 04; Paramount LifeSM; Survivorship Incentive LifeSM 02 |
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Target Portfolio | Contract or Policy | |
EQ/ClearBridge Large Cap Growth ESG | Life Policies: Corporate Owned Incentive Life®; Incentive Life® 02; Incentive Life COLI 04; Survivorship Incentive LifeSM 02 | |
EQ/Clearbridge Select Equity Managed Volatility | Annuity Products: Retirement Cornerstone® Series; Retirement Cornerstone® Series 12.0 | |
EQ/Conservative Allocation
EQ/Conservative-Plus Allocation |
Life Policies: Corporate Owned Incentive Life®; Corporate Sponsored Variable Universal Life; IL Protector; Incentive Life 02; Incentive Life COLI; Incentive Life COLI 04; Paramount LifeSM; Survivorship 2000SM; Survivorship Incentive LifeSM 02 | |
EQ/Core Bond Index | Life Policies: Corporate Sponsored Variable Universal Life; IL Protector; Incentive Life® 02; Paramount LifeSM; Survivorship 2000SM; Survivorship Incentive LifeSM 02 | |
EQ/Franklin Small Cap Value Managed Volatility | Annuity Products: Retirement Cornerstone® Series; Retirement Cornerstone® Series 12.0 | |
EQ/Global Equity Managed Volatility | Annuity Products: Retirement Cornerstone® Series; Retirement Cornerstone® Series 12.0; Retirement Cornerstone® Series 13.0
Life Policies: Corporate Owned Incentive Life®; Incentive Life® 02; Incentive Life COLI 04; Survivorship Incentive LifeSM 02 | |
EQ/International Core Managed Volatility | Annuity Products: Retirement Cornerstone® Series; Retirement Cornerstone® Series 12.0; Retirement Cornerstone® Series 13.0; Retirement Cornerstone® Series 15.0; Retirement Cornerstone® Series 15.0 Series E; Retirement Cornerstone® Series 15A; Retirement Cornerstone® Series 15A Series E; Retirement Cornerstone® Series 15B; Retirement Cornerstone® Series 15B Series E; Retirement Cornerstone® Series 17; Retirement Cornerstone® Series 17 Series E; Retirement Cornerstone® Series 19; Retirement Cornerstone® Series 19 Series E
Life Policies: Incentive Life® 02; Paramount LifeSM; Survivorship Incentive LifeSM 02 | |
EQ/International Value Managed Volatility
EQ/Large Cap Growth Managed Volatility |
Annuity Products: Retirement Cornerstone® Series; Retirement Cornerstone® Series 12.0; Retirement Cornerstone® Series 13.0
Life Policies: Corporate Owned Incentive Life®; Corporate Sponsored Variable Universal Life; Incentive Life® 02; Incentive Life COLI 04; Paramount LifeSM; Survivorship Incentive LifeSM 02 | |
EQ/Invesco Comstock | Annuity Products: Retirement Cornerstone® Series; Retirement Cornerstone® Series 12.0; Retirement Cornerstone® Series 13.0; Retirement Cornerstone® Series 15.0; Retirement Cornerstone® Series 15.0 Series E; Retirement Cornerstone® Series 15A; Retirement Cornerstone® Series 15A Series E; Retirement Cornerstone® Series 15B; Retirement Cornerstone® Series 15B Series E; Retirement Cornerstone® Series 17; Retirement Cornerstone® Series 17 Series E; Retirement Cornerstone® Series 19; Retirement Cornerstone® Series 19 Series E
Life Policies: IL Protector; Incentive Life® 02; Incentive Life COLI; Incentive Life COLI 04; Survivorship 2000SM; Survivorship Incentive LifeSM 02 | |
EQ/Invesco Global | Annuity Products: Retirement Cornerstone® Series; Retirement Cornerstone® Series 12.0; Retirement Cornerstone® Series 13.0; Retirement Cornerstone® Series 15.0; Retirement Cornerstone® Series 15.0 Series E; Retirement Cornerstone® Series 15A; Retirement Cornerstone® Series 15A Series E; Retirement Cornerstone® Series 15B; Retirement Cornerstone® Series 15B Series E; Retirement Cornerstone® Series 17; Retirement Cornerstone® Series 17 Series E; Retirement Cornerstone® Series 19; Retirement Cornerstone® Series 19 Series E |
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Target Portfolio | Contract or Policy | |
EQ/Janus Enterprise | Annuity Products: Retirement Cornerstone® Series; Retirement Cornerstone® Series 12.0; Retirement Cornerstone® Series 13.0; Retirement Cornerstone® Series 15.0; Retirement Cornerstone® Series 15.0 Series E; Retirement Cornerstone® Series 15A; Retirement Cornerstone® Series 15A Series E; Retirement Cornerstone® Series 15B; Retirement Cornerstone® Series 15B Series E; Retirement Cornerstone® Series 17; Retirement Cornerstone® Series 17 Series E; Retirement Cornerstone® Series 19; Retirement Cornerstone® Series 19 Series E
Life Policies: Corporate Sponsored Variable Universal Life; IL Protector; Incentive Life® 02; Incentive Life COLI; Paramount LifeSM; Survivorship 2000SM; Survivorship Incentive LifeSM 02 | |
EQ/JPMorgan Growth Stock | Annuity Products: Retirement Cornerstone® Series; Retirement Cornerstone® Series 12.0; Retirement Cornerstone® Series 13.0; Retirement Cornerstone® Series 15.0; Retirement Cornerstone® Series 15.0 Series E; Retirement Cornerstone® Series 15A; Retirement Cornerstone® Series 15A Series E; Retirement Cornerstone® Series 15B; Retirement Cornerstone® Series 15B Series E; Retirement Cornerstone® Series 17; Retirement Cornerstone® Series 17 Series E; Retirement Cornerstone® Series 19; Retirement Cornerstone® Series 19 Series E
Life Policies: Corporate Owned Incentive Life®; Incentive Life® 02; Incentive Life COLI 04; Paramount LifeSM; Survivorship Incentive LifeSM 02 | |
EQ/JPMorgan Value Opportunities | Annuity Products: Retirement Cornerstone® Series; Retirement Cornerstone® Series 12.0
Life Policies: Corporate Owned Incentive Life®; Corporate Sponsored Variable Universal Life; Incentive Life® 02; Incentive Life COLI 04; Survivorship Incentive LifeSM 02 | |
EQ/Large Cap Core Managed Volatility | Life Policies: Corporate Owned Incentive Life®; Incentive Life® 02; Incentive Life COLI 04; Paramount LifeSM; Survivorship Incentive LifeSM 02 | |
EQ/Large Cap Growth Index
EQ/Mid Cap Index
EQ/Value Equity |
Annuity Products: Retirement Cornerstone® Series; Retirement Cornerstone® Series 12.0; Retirement Cornerstone® Series 13.0; Retirement Cornerstone® Series 15.0; Retirement Cornerstone® Series 15.0 Series E; Retirement Cornerstone® Series 15A; Retirement Cornerstone® Series 15A Series E; Retirement Cornerstone® Series 15B; Retirement Cornerstone® Series 15B Series E; Retirement Cornerstone® Series 17; Retirement Cornerstone® Series 17 Series E; Retirement Cornerstone® Series 19; Retirement Cornerstone® Series 19 Series E
Life Policies: Corporate Owned Incentive Life®; Incentive Life® 02; Incentive Life COLI 04; Paramount LifeSM; Survivorship Incentive LifeSM 02 | |
EQ/Large Cap Value Index | Annuity Products: Retirement Cornerstone® Series; Retirement Cornerstone® Series 12.0; Retirement Cornerstone® Series 13.0; Retirement Cornerstone® Series 15.0; Retirement Cornerstone® Series 15.0 Series E; Retirement Cornerstone® Series 15A; Retirement Cornerstone® Series 15A Series E; Retirement Cornerstone® Series 15B; Retirement Cornerstone® Series 15B Series E; Retirement Cornerstone® Series 17; Retirement Cornerstone® Series 17 Series E; Retirement Cornerstone® Series 19; Retirement Cornerstone® Series 19 Series E
Life Policies: IL Protector; Incentive Life® 02; Survivorship 2000SM; Survivorship Incentive LifeSM 02 | |
EQ/Large Cap Value Managed Volatility | Annuity Products: EQUI-VEST® (Series 100-500); EQUI-VEST® Employer-Sponsored Retirement Plans; MomentumSM; MomentumSM Plus; Retirement Cornerstone® Series; Retirement Cornerstone® Series 12.0; Retirement Cornerstone® Series 13.0; Retirement Cornerstone® Series 15.0; Retirement Cornerstone® Series 15.0 Series E; Retirement Cornerstone® Series 15A; Retirement Cornerstone® Series 15A Series E; Retirement Cornerstone® Series 15B; Retirement Cornerstone® Series 15B Series E; Retirement Cornerstone® Series 17; Retirement Cornerstone® Series 17 Series E; Retirement Cornerstone® Series 19; Retirement Cornerstone® Series 19 Series E; Variable Immediate Annuity; Retirement Investment Account®; 300+ Series
Life Policies: Corporate Owned Incentive Life®; Corporate Sponsored Variable Universal Life; IL Protector; Incentive Life® 02; Incentive Life COLI; Incentive Life COLI 04; Paramount LifeSM; Survivorship 2000SM; Survivorship Incentive LifeSM 02 |
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Target Portfolio | Contract or Policy | |
EQ/Loomis Sayles Growth | Annuity Products: Retirement Cornerstone® Series; Retirement Cornerstone® Series 12.0; Retirement Cornerstone® Series 13.0; Retirement Cornerstone® Series 15.0; Retirement Cornerstone® Series 15.0 Series E; Retirement Cornerstone® Series 15A; Retirement Cornerstone® Series 15A Series E; Retirement Cornerstone® Series 15B; Retirement Cornerstone® Series 15B Series E; Retirement Cornerstone® Series 17; Retirement Cornerstone® Series 17 Series E; Retirement Cornerstone® Series 19; Retirement Cornerstone® 19 Series E
Life Policies: Corporate Owned Incentive Life®; IL Protector; Incentive Life COLI; Incentive Life COLI 04; Survivorship 2000SM | |
EQ/MFS International Growth | Annuity Products: Retirement Cornerstone® Series; Retirement Cornerstone® Series 12.0; Retirement Cornerstone® Series 13.0; Retirement Cornerstone® Series 15.0; Retirement Cornerstone® Series 15.0 Series E; Retirement Cornerstone® Series 15A; Retirement Cornerstone® Series 15A Series E; Retirement Cornerstone® Series 15B; Retirement Cornerstone® Series 15B Series E; Retirement Cornerstone® Series 17; Retirement Cornerstone® Series 17 Series E; Retirement Cornerstone® Series 19; Retirement Cornerstone® Series 19 Series E | |
EQ/Mid Cap Value Managed Volatility | Annuity Products: Retirement Cornerstone® Series; Retirement Cornerstone® Series 12.0; Retirement Cornerstone® Series 13.0; Retirement Cornerstone® Series 15.0; Retirement Cornerstone® Series 15.0 Series E; Retirement Cornerstone® Series 15A; Retirement Cornerstone® Series 15A Series E; Retirement Cornerstone® Series 15B; Retirement Cornerstone® Series 15B Series E; Retirement Cornerstone® Series 17; Retirement Cornerstone® Series 17 Series E; Retirement Cornerstone® Series 19; Retirement Cornerstone® Series 19 Series E
Life Policies: Corporate Owned Incentive Life®; Corporate Sponsored Variable Universal Life; IL Protector; Incentive Life®; Incentive Life® 02; Incentive Life® 06; Incentive Life COLI; Incentive Life COLI 04; Incentive Life Legacy®; Incentive Life Optimizer®; Paramount LifeSM; Survivorship 2000SM; Survivorship Incentive LifeSM 99; Survivorship Incentive LifeSM 02; Survivorship Incentive LifeSM Legacy | |
EQ/PIMCO Ultra Short Bond | Annuity Products: Retirement Cornerstone® Series; Retirement Cornerstone® Series 12.0; Retirement Cornerstone® Series 13.0; Retirement Cornerstone® Series 15.0; Retirement Cornerstone® Series 15.0 Series E; Retirement Cornerstone® Series 15A; Retirement Cornerstone® Series 15A Series E; Retirement Cornerstone® Series 15B; Retirement Cornerstone® Series 15B Series E; Retirement Cornerstone® Series 17; Retirement Cornerstone® Series 17 Series E; Retirement Cornerstone® Series 19; Retirement Cornerstone® Series 19 Series E
Life Policies: Corporate Sponsored Variable Universal Life; IL Protector; Incentive Life® 02; Paramount LifeSM; Survivorship 2000SM; Survivorship Incentive LifeSM 02 | |
EQ/Small Company Index | Annuity Products: Retirement Cornerstone® Series; Retirement Cornerstone® Series 12.0; Retirement Cornerstone® Series 13.0; Retirement Cornerstone® Series 15.0; Retirement Cornerstone® Series 15.0 Series E; Retirement Cornerstone® Series 15A; Retirement Cornerstone® Series 15A Series E; Retirement Cornerstone® Series 15B; Retirement Cornerstone® Series 15B Series E; Retirement Cornerstone® Series 17; Retirement Cornerstone® Series 17 Series E; Retirement Cornerstone® Series 19; Retirement Cornerstone® Series 19 Series E
Life Policies: Corporate Owned Incentive Life®; Corporate Sponsored Variable Universal Life; IL Protector; Incentive Life 02; Incentive Life COLI; Incentive Life COLI 04; Paramount LifeSM; Survivorship 2000SM; Survivorship Incentive LifeSM 02 | |
Multimanager Core Bond | Life Policies: Corporate Owned Incentive Life®; Corporate Sponsored Variable Universal Life; Incentive Life® 02; Incentive Life COLI 04; Paramount LifeSM; Survivorship Incentive LifeSM 02 | |
Multimanager Technology | Life Policies: Corporate Owned Incentive Life®; Incentive Life® 02; Incentive Life COLI 04; Paramount LifeSM; Survivorship Incentive LifeSM 02 |
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