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1 AXA Equitable Life Insurance Company (NY, NY) 6ARIABLE!NNUITIES s!re.ot A $EPOSIT OF!NY "ANK s!re.ot &$)# )NSURED s!re.ot )NSURED BY!NY &EDERAL 'OVERNMENT!GENCY s!re.ot 'UARANTEED BY!NY "ANK OR 3AVINGS!SSOCIATION s -AY 'O $OWN IN 6ALUE Structured Capital Strategies investing for my future Structured Capital Strategies (6/13) Important Information This document must be accompanied by the Structured Capital Strategies prospectus. AXA Equitable, upon advance notice, may discontinue, suspend or change contributions and transfers among investment options and Segment offerings or make other changes in contribution and transfer requirements and limitations. Certain features and benefits described herein may not be available in all jurisdictions. In addition, some distributors may eliminate and/or limit the availability of certain features or options, based on annuitant issue age or other criteria. This document is not a complete description of the Structured Capital Strategies variable annuity and was prepared to support the promotion and marketing of AXA Equitable variable annuities. AXA Equitable, its distributors and their respective representatives do not provide tax, accounting or legal advice. Any tax statements contained herein were not intended or written to be used, and cannot be used, for the purpose of avoiding U.S. federal, state or local tax penalties. Structured Capital Strategies is issued by AXA Equitable Life Insurance Company, New York, NY and co-distributed by affiliates AXA Advisors, LLC and AXA Distributors, LLC, New York, NY Contract form #s: 2010PCSBASE-I-A/B and 2010PCSBASE-A/B and any state variations 2013 AXA Equitable Life Insurance Company. All rights reserved. Patent pending Avenue of the Americas, New York, NY 10104, (212) ML GE (6/13) (Exp. 6/15) G31391 Cat. # (6/13) 1 Structured Capital Strategies is a variable and index-linked deferred annuity contract. Please see the back page for additional important information. 3 Segment Maturity Segment Participation of one, three or five years begins Segment Start Date, generally the 15th of month Performance Cap Rate is set Same Segment Type(s) New Segment Type(s) Variable Investment Options Money Invested Reinvestment Choices 1 2 Funded prior to the 15th of the month Segment Type Holding Account Once a Segment Type(s) has been chosen, the following lifecycle will be experienced. The Segment Lifecycle How much downside protection? Increase your comfort level with downside protection of -10%, -20%, or -30% based on the index and duration chosen. Which Index? Structured Capital Strategies (SCS) tracks a variety of indices that cover some of the world s most well-known markets. For how long? Based on your index choice, choose durations of 1, 3, or 5 years. Answer three straightforward questions to get started: Upside market potential up to a cap and some downside protection Structured Capital Strategies 1

2 About Structured Capital Strategies The Structured Capital Strategies variable annuity 1 offers an innovative strategy combining structured growth potential up to a cap with tax deferral. This product includes a partial protection feature that eliminates a portion of your downside risk, while still giving you the opportunity to invest for growth up to a Performance Cap Rate. This is called the Structured Investment Option (SIO). The SIO permits the contract owner to invest in one or more Segments, each of which provides returns tied to the performance of an index for a set period (1 year, 3 years, 5 years). Through the partial protection feature, AXA Equitable will absorb up to the first -10%, -20%, or -30% of loss, depending on the index and duration selected. Please keep in mind that there is risk of substantial loss of principal because the investor agrees to absorb all losses that exceed the protection provided by the SIO at maturity. If you would like a guarantee of principal, AXA Equitable offers other products that provide such guarantees. Additionally, it must be noted that there are variable investment options available that are not part of the SIO and the investment results in these variable investment options do not depend on the investment performance of a related index. Unlike an index fund, the SIO provides a return at maturity designed to provide a combination of protection against certain decreases in the index and a limitation on participation in certain increases in the index. AXA Equitable Life Insurance Company has sole legal responsibility to pay amounts it owes under the contract. An owner should look to the financial strength of AXA Equitable for its claims-paying ability. The SIO does not involve an investment in any underlying portfolio. Instead, it is an obligation of AXA Equitable Life Insurance Company. An investment in the EO/Money Market investment option is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the investment option seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the investment option. A variable annuity such as Structured Capital Strategies is a long-term financial product designed for retirement purposes. Simply stated, a variable annuity is a contract between you and an insurance company that lets you pursue the accumulation of assets through equities and other investment options. You may then take payments or a lump sum amount at a later date. There are fees and charges associated with Structured Capital Strategies, which include a contract fee that covers administrative expenses, sales expenses and certain expense risks. Variable annuities are subject to market risk including loss of principal. Withdrawals are subject to ordinary income tax treatment, and if taken prior to age 59½, may be subject to an additional 10% federal tax. Withdrawals may also be subject to a contractual withdrawal charge. The withdrawal charge declines from 5% over a five-year period for the Structured Capital Strategies Series B product. Variable annuities contain certain restrictions and limitations. For costs and complete details, contact a financial professional. Performance Cap Rate Maximum potential ceiling, or cap, that you may get from index gains. This rate is locked in on the Segment Start Date. The Performance Cap Rate is a rate of return from the Segment Start Date to the Segment Maturity Date, not an annual rate, even if the Segment Duration is longer than one year. (Please note that you are not investing directly in the applicable index. You will not know what the Performance Cap Rate is until the Segment starts.) Your Segment Rate of Return may be limited by the Performance Cap Rate, which may be lower than performance you may otherwise have experienced if you invested in a mutual fund or exchange-traded fund designed to track the performance of the applicable index. Segment Type Combination of the index option, duration and buffer you choose is what distinguishes your investment option. Segment Types with greater protection tend to have lower Performance Cap Rates than other Segment Types that use the same index and duration but provide less protection. Segment Is your investment in a Segment Type, with a specific Segment Maturity Date. The Segment in the example below was established in August Example: Index: S&P 500; Segment Duration: 3 Years; : -20%; Segment Maturity: August 14, Segment Duration Segment Start Date to Segment Maturity Date, available in one, three and five years. Segment Type Holding Account Your contribution or the money that you wish to transfer into a Segment will be held in this account until it is ready to be swept or transferred into the chosen Segment on the next available Segment Start Date. Each Segment Type has its own Holding Account, which is part of the EQ/Money Market Variable Investment Option. The amounts held in a Segment Type Holding Account may earn a return that is less than the return you might have earned if those amounts were held in another Variable Investment Option.

3 Structured Capital Strategies Series B At-A-Glance At-A-Glance This document is one part of the Structured Capital Strategies product kit. Please note that this document is intended to be viewed only after reading the kit carrier, which contains important introductory information about the Structured Capital Strategies variable annuity, 1 including the definitions of product terms. Structured Capital Strategies Structured Investment Option 1. Segment Duration? 1-Year 3-Year 5-Year 2. What Index? S&P 500 Index NASDAQ 100 Index 2 MSCI EAFE Index MSCI Emerging Markets Index DJ US REIT 2 Gold Index 3 Oil Index 4 S&P 500 Index S&P 500 Index 3. With How Much Downside Segment Protection?* 20% 20% -30% View the most recent declared Performance Cap Rate Flyer online or on your mobile device: or scan this QR code. View daily hypothetical Performance Cap Rates online at Important Facts Minimum Contribution Initial: $25,000 Subsequent: $500 (NQ); $50 Roth/Traditional IRA Maximum Contribution $1.5 million Issue Age 0 85 Segment Start Date 15th of each month. Refer to the prospectus for treatment of holidays and weekends. Performance Cap Rate Declared by AXA Equitable on the Segment Start Date Segment Maturity Date 14th of each month after one, three or five years. Refer to the prospectus for treatment of holidays and weekends. Segment Type Holding Account EQ/Money Market Free Withdrawal Amount Access up to 10% of the beginning-of-contract-year account value free of withdrawal charges. Withdrawals during a Segment Withdrawals made prior to age 59½ may be subject to an additional 10% federal income tax. Withdrawal Charge Schedule The Segment Interim Value is the value of your investment prior to the Segment Maturity Date. The Segment Interim Value may be lower than your original investment in the Segment, even when the index is higher at the time of the withdrawal, prior to maturity, than at the time of the original investment. See Segment Interim Value in the Important Terms section of this flyer. Partial withdrawals are permitted. Unless otherwise requested, withdrawals are taken in the following order on a pro rata basis: 1. Variable Investment Options (VIOs); 2. Segment Type Holding Account(s); 3. Dollar Cap Averaging Program; 4. Segment(s). 5 Years [5, 5, 5, 4, 3] The charge is 5% for the first three years, 4% for the fourth year, and 3% for the fifth year. * You are protected from some downside risk; if the negative return is in excess of the, there is a loss of principal which could be substantial. The Structured Investment Option does not involve an investment in any underlying portfolio. Instead, it is an obligation of AXA Equitable Life Insurance Company. 1 Structured Capital Strategies is a variable and index-linked deferred annuity contract. Please see the reverse side for additional important information and footnote references.

4 2 Not available in all firms and/or broker dealers or share classes. 3 London Gold Market Fixing Ltd PM Price/USD. Not available in all jurisdictions. 4 NYMEX West Texas Intermediate Crude Oil Generic Front Month Futures. Not available in all jurisdictions. important terms Segment Duration: The duration for each Segment begins on its Segment Start Date and ends on its Segment Maturity Date. : A is the amount of loss in your index Segment that AXA Equitable will absorb upon maturity. Choices of s can be -10, -20 or -30%, depending on the index and the duration selected. Segment Maturity: There are several options available on the date of maturity. The maturing Segment will be automatically rolled into the next available Segment of the same Segment Type. This is the default option. The maturing Segment will transfer according to your allocation instructions on file, which may include Variable Investment Options and/or Segment Types. Clients can choose different Segment Types or Variable Investment Options for investment by changing allocation instructions on file prior to the Segment Maturity Date. Segment Investment: Is the dollar amount of your initial contribution, adjusted for withdrawals prior to the Segment Maturity Date. Is reduced pro rata by the proportion of the withdrawal to the Segment Interim Value. Therefore, the reduction could be greater than the amount of the withdrawal. Remaining at Segment Maturity is the amount protected by the Buffer. Segment Interim Value: Is the value of the Segment prior to the Segment Maturity Date. Calculation is linked to various factors, including the value of a basket of put and call options on the relevant Index, as described in Appendix III of the prospectus. May be lower than the original investment even when the index is higher and may be less than the amount you would receive had you held the investment to maturity. Would generally be lower the longer the time period before the Segment Maturity Date because we prorate the Performance Cap. Will generally be negatively affected by the increases in the expected volatility of index prices, interest rate increases, and by poor market performance. Overall, withdrawals from a Segment prior to the Segment Maturity Date will proportionately reduce the and the Performance Cap Rate depending on the period those amounts were invested in the Segment. AXA Equitable, upon advance notice, may discontinue, suspend or change contributions and transfers among investment options and Segment offerings or make other changes in contribution and transfer requirements and limitations. Certain features and benefits described herein may not be available in all jurisdictions. In addition, some distributors may eliminate and/or limit the availability of certain features or options, based on annuitant issue age or other criteria. The S&P 500 Price Return Index and the Dow Jones US Real Estate Index (the Indexes ) are products of S&P Dow Jones Indices LLC ( SPDJI ), and have been licensed for use by AXA Equitable. The Structured Capital Strategies contract is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P or any of their respective affiliates (collectively, S&P Dow Jones Indices ). S&P Dow Jones Indices makes no representation or warranty, express or implied, to the owners of the Structured Capital Strategies contract. The S&P 500 Price Return Index comprises 500 of the largest companies in leading industries of the U.S. economy. Larger, more established companies may not be able to attain potentially higher growth rates of smaller companies, especially during extended periods of economic expansion. The Russell 2000 Price Return Index is a trademark of Russell Investments and has been licensed for use by AXA Equitable. The Product is not sponsored, endorsed, sold or promoted by Russell Investments and Russell Investments makes no representation regarding the advisability of investing in the Product. The Russell 2000 Price Return Index tracks the performance of small-cap companies. Stocks of small and mid-size companies have less liquidity than those of larger companies and are subject to greater price volatility than the overall stock market. Smaller company stocks involve a greater risk than is customarily associated with more established companies. The NASDAQ 100 Price Return Index (Not available in all jurisdictions.) includes 100 of the largest domestic and international non-financial securities listed on The NASDAQ Stock Market based on market capitalization. The Index reflects companies across major industry groups, including computer hardware and software, telecommunications and biotechnology. Non-diversified investing may be focused in a smaller number of issues or one sector of the market that may make the value of the investment more susceptible to certain risks than diversified investing. The Product referred to herein is not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such Product or any index on which such Product is based. The prospectus contains a more detailed description of the limited relationship MSCI has with AXA Equitable and any related products. The MSCI EAFE Price Return Index Is a sampling of securities deemed by MSCI as designed to measure the equity market performance of the developed European, Australasian and Far East (EAFE) markets. Australasia includes Australia, New Zealand and neighboring islands of the South Pacific. International securities carry additional risks, including currency exchange fluctuation and different government regulations, economic conditions and accounting standards. The MSCI Emerging Markets Price Return Index Is a free float-adjusted market capitalization index that is designed to measure equity market performance of 21 emerging market country indices, including Brazil, Russia, India, China and others in Southeast Asia, Eastern Europe, Latin America and Africa. International securities carry additional risks, including currency exchange fluctuation and different government regulations, economic conditions and accounting standards. The ishares Dow Jones U.S. Real Estate Index Fund Seeks investment results that correspond generally to the performance of the Dow Jones U.S. Real Estate Index. The Index measures the performance of the Real Estate industry of the U.S. equity market, including real estate holding and developing and real estate investment trusts (REITS) subsectors. The investment performance of the ishares Dow Jones U.S. Real Estate Index Segment is based only on the closing share price of the Index Fund. The ishares Dow Jones U.S. Real Estate Index Segment does not include dividends declared by the Index Fund. Non-diversified investing may be focused in a smaller number of issues or one sector of the market that may make the value of the investment more susceptible to certain risks than diversified investing. The London Gold Market Fixing Ltd PM Fix Price/USD (Gold Index) (Not available in all jurisdictions.) is an international benchmark for the price of Gold. Because this Investment Segment is tracked to the commodities industry it can be significantly affected by commodity process, world events, import controls, worldwide competition, government regulations, and economic conditions. Apart from the risks associated with general commodity investing, there are risks to investing in the common stocks of commodityproducing companies. You should be willing to accept the risks that come with exposure to foreign and emerging markets, including political, economic and currency volatility. The NYMEX West Texas Intermediate Crude Oil Generic Front Month Futures (Oil Index) (Not available in all jurisdictions.) is the underlying commodity index of oil futures contracts. Risks involved with futures contracts include imperfect correlation between the change in the market value of the stocks held by the portfolio and the prices of futures contracts and options, and the possible lack of a liquid secondary market for futures or options contracts, and the resulting inability to close a futures contract prior to its maturity date. Also, index options, over-the-counter options, and options on futures are exposed to additional volatility and potential losses. This document must be accompanied by the product kit carrier and the product prospectus. Please note that an annuity contract that is purchased to fund an IRA should be considered for the annuity s features and benefits other than tax deferral. For such cases, tax deferral is not an additional benefit for the annuity. You may also want to consider the relative features, benefits, and costs of this annuity with any other investment that you may have in connection with your retirement plan or arrangement. Certain types of contracts and features may not be available in all jurisdictions. This flyer is not a complete description of the Structured Capital Strategies variable annuity. All contract and rider guarantees, including optional benefits and any fixed subaccount crediting rates or annuity payout rates, are backed by the claims-paying ability of AXA Equitable. They are not backed by the broker/dealer from which this annuity is purchased, by the insurance agency from which this annuity is purchased or any affiliates of those entities and none makes any representations or guarantees regarding the claims-paying ability of AXA Equitable. Structured Capital Strategies is a registered service mark of AXA Equitable Life Insurance Company, New York, NY Structured Capital Strategies is issued by AXA Equitable Life Insurance Company, New York, NY Co-distributed by affiliates AXA Advisors, LLC and AXA Distributors, LLC, New York, NY Visit our website at You can contact us at (212) to find out the availability of other contracts. Contract form #s: 2010PCSBASE-I-A/B and 2010PCSBASE-A/B and any state variations 2013 AXA Equitable Life Insurance Company. All rights reserved. Patent Pending Avenue of the Americas, New York, NY 10104, (212) G31231 GE (6/13) (Exp. 6/15) Cat. # (6/13)

5 Structured Capital Strategies Series B 1-Year Segment Options This document is one part of the Structured Capital Strategies product kit. Please note that this document is intended to be viewed only after reading the kit carrier, which contains important introductory information about the Structured Capital Strategies variable annuity, 1 including the definitions of product terms. 1-Year 1. Segment Duration? 2. What Index? 3. With How Much Downside Segment Protection?* 1-Year S&P 500 Index NASDAQ 100 Index 2 MSCI EAFE Index MSCI Emerging Markets Index DJ US REIT 2 Gold Index 3 Oil Index 4 View the most recent declared Performance Cap Rate Flyer online or on your mobile device: or scan this QR code. How Structured Capital Strategies Works Hypothetical Example 15% 10% 5% Up Market Down Market Up Market Down Market The index returns 7%. The index returns -8%. The index returns 13%. The index returns -12%. Because the return is under Due to the -10% Segment Because the gain is in excess AXA Equitable absorbs the the Performance Cap Rate, Buffer, AXA Equitable absorbs of the Performance Cap Rate, first -10% of the loss, leaving you realize the full index gain. the full loss, and you realize you realize an 10% return up you with only a -2% loss. a 0% return. to the Performance Cap Rate. 7% 10% Performance Cap Rate 7% 13% 10% Hypothetical Index Return Segment Upside Potential 0% -5% -10% -8% 0% -10% -12% -2% Downside Protection Absorbed by AXA Equitable -15% View daily hypothetical Performance Cap Rates online at This hypothetical example is for illustrative purposes only. The Structured Investment Option provides a rate of return tied to the performance of a specified index. The Performance Cap Rate is an assumed rate of 10%. * You are protected from some downside risk; if the negative return is in excess of the, there is a loss of principal, which could be substantial. The Structured Investment Option does not involve an investment in any underlying portfolio. Instead, it is an obligation of AXA Equitable Life Insurance Company. 1 Structured Capital Strategies is a variable and index-linked deferred annuity contract. Please see the reverse side for additional important information and footnote references.

6 2 Not available in all firms and/or broker dealers or share classes. 3 London Gold Market Fixing Ltd PM Price/USD. Not available in all jurisdictions and share classes. 4 NYMEX West Texas Intermediate Crude Oil Generic Front Month Futures. Not available in all jurisdictions and share classes. AXA Equitable, upon advance notice, may discontinue, suspend or change contributions and transfers among investment options and Segment offerings or make other changes in contribution and transfer requirements and limitations. Certain features and benefits described herein may not be available in all jurisdictions. In addition, some distributors may eliminate and/or limit the availability of certain features or options, based on annuitant issue age or other criteria. The S&P 500 Price Return Index and the Dow Jones US Real Estate Index (the Indexes ) are products of S&P Dow Jones Indices LLC ( SPDJI ), and have been licensed for use by AXA Equitable. The Structured Capital Strategies contract is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P or any of their respective affiliates (collectively, S&P Dow Jones Indices ). S&P Dow Jones Indices makes no representation or warranty, express or implied, to the owners of the Structured Capital Strategies contract. The S&P 500 Price Return Index comprises 500 of the largest companies in leading industries of the U.S. economy. Larger, more established companies may not be able to attain potentially higher growth rates of smaller companies, especially during extended periods of economic expansion. The Russell 2000 Price Return Index is a trademark of Russell Investments and has been licensed for use by AXA Equitable. The Product is not sponsored, endorsed, sold or promoted by Russell Investments and Russell Investments makes no representation regarding the advisability of investing in the Product. The Russell 2000 Price Return Index tracks the performance of small-cap companies. Stocks of small and mid-size companies have less liquidity than those of larger companies and are subject to greater price volatility than the overall stock market. Smaller company stocks involve a greater risk than is customarily associated with more established companies. The NASDAQ 100 Price Return Index (Not available in all jurisdictions.) includes 100 of the largest domestic and international non-financial securities listed on The NASDAQ Stock Market based on market capitalization. The Index reflects companies across major industry groups, including computer hardware and software, telecommunications and biotechnology. Non-diversified investing may be focused in a smaller number of issues or one sector of the market that may make the value of the investment more susceptible to certain risks than diversified investing. The Product referred to herein is not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such Product or any index on which such Product is based. The prospectus contains a more detailed description of the limited relationship MSCI has with AXA Equitable and any related products. The MSCI EAFE Price Return Index Is a sampling of securities deemed by MSCI as designed to measure the equity market performance of the developed European, Australasian and Far East (EAFE) markets. Australasia includes Australia, New Zealand and neighboring islands of the South Pacific. International securities carry additional risks, including currency exchange fluctuation and different government regulations, economic conditions and accounting standards. The MSCI Emerging Markets Price Return Index Is a free float-adjusted market capitalization index that is designed to measure equity market performance of 21 emerging market country indices, including Brazil, Russia, India, China and others in Southeast Asia, Eastern Europe, Latin America and Africa. International securities carry additional risks, including currency exchange fluctuation and different government regulations, economic conditions and accounting standards. The ishares Dow Jones U.S. Real Estate Index Fund Seeks investment results that correspond generally to the performance of the Dow Jones U.S. Real Estate Index. The Index measures the performance of the Real Estate industry of the U.S. equity market, including real estate holding and developing and real estate investment trusts (REITS) subsectors. The investment performance of the ishares Dow Jones U.S. Real Estate Index Segment is based only on the closing share price of the Index Fund. The ishares Dow Jones U.S. Real Estate Index Segment does not include dividends declared by the Index Fund. Non-diversified investing may be focused in a smaller number of issues or one sector of the market that may make the value of the investment more susceptible to certain risks than diversified investing. The London Gold Market Fixing Ltd PM Fix Price/USD (Gold Index) (Not available in all jurisdictions.) is an international benchmark for the price of Gold. Because this Investment Segment is tracked to the commodities industry it can be significantly affected by commodity process, world events, import controls, worldwide competition, government regulations, and economic conditions. Apart from the risks associated with general commodity investing, there are risks to investing in the common stocks of commodity-producing companies. You should be willing to accept the risks that come with exposure to foreign and emerging markets, including political, economic and currency volatility. The NYMEX West Texas Intermediate Crude Oil Generic Front Month Futures (Oil Index) (Not available in all jurisdictions.) is the underlying commodity index of oil futures contracts. Risks involved with futures contracts include imperfect correlation between the change in the market value of the stocks held by the portfolio and the prices of futures contracts and options, and the possible lack of a liquid secondary market for futures or options contracts, and the resulting inability to close a futures contract prior to its maturity date. Also, index options, over-the-counter options, and options on futures are exposed to additional volatility and potential losses. This document must be accompanied by the product kit carrier and the product prospectus. Please note that an annuity contract that is purchased to fund an IRA should be considered for the annuity s features and benefits other than tax deferral. For such cases, tax deferral is not an additional benefit for the annuity. You may also want to consider the relative features, benefits, and costs of this annuity with any other investment that you may have in connection with your retirement plan or arrangement. Certain types of contracts and features may not be available in all jurisdictions. This flyer is not a complete description of the Structured Capital Strategies variable annuity. All contract and rider guarantees, including optional benefits and any fixed subaccount crediting rates or annuity payout rates, are backed by the claims-paying ability of AXA Equitable. They are not backed by the broker/dealer from which this annuity is purchased, by the insurance agency from which this annuity is purchased or any affiliates of those entities and none makes any representations or guarantees regarding the claims-paying ability of AXA Equitable. Structured Capital Strategies is a registered service mark of AXA Equitable Life Insurance Company, New York, NY Structured Capital Strategies is issued by AXA Equitable Life Insurance Company, New York, NY Co-distributed by affiliates AXA Advisors, LLC and AXA Distributors, LLC, New York, NY Visit our website at You can contact us at (212) to find out the availability of other contracts. Contract form #s: 2010PCSBASE-I-A/B and 2010PCSBASE-A/B and any state variations 2013 AXA Equitable Life Insurance Company. All rights reserved. Patent Pending Avenue of the Americas, New York, NY 10104, (212) ML-XXXXXX G31248 GE (6/13) (Exp. 6/15) Cat. # (6/13)

7 Structured Capital Strategies Series B 3-Year Segment Options This document is one part of the Structured Capital Strategies product kit. Please note that this document is intended to be viewed only after reading the kit carrier, which contains important introductory information about the Structured Capital Strategies variable annuity, 1 including the definitions of product terms. 1. Segment Duration? 3-Year 2. What Index? 3. With How Much Downside Segment Protection?* S&P 500 Index -20% View the most recent declared Performance Cap Rate Flyer online or on your mobile device: PerfCap_Special_B.pdf or scan this QR code. 3-Year How Structured Capital Strategies Works Hypothetical Example Up Market Down Market Up Market Down Market The index returns 12%. Because the return is under the Performance Cap Rate, you realize the full index gain. The index returns -15%. Due to the -20% Segment Buffer, AXA Equitable absorbs the full loss, and you realize a 0% return. The index returns 22%. Because the gain is in excess of the Performance Cap Rate, you realize a 20% return up to the Performance Cap Rate. The index returns -22%. AXA Equitable absorbs the first -20% of the loss, leaving you with only a -2% loss. 20% 20% Performance Cap Rate 22% 20% 10% 12% 12% Hypothetical Index Return Segment Upside Potential 0% 0% -10% -15% -2% Downside Protection Absorbed by AXA Equitable -20% -20% -22% View daily hypothetical Performance Cap Rates online at This hypothetical example is for illustrative purposes only. The Structured Investment Option provides a rate of return tied to the performance of a specified index. The Performance Cap Rate is an assumed rate of 20%. * You are protected from some downside risk; if the negative return is in excess of the, there is a loss of principal. The Structured Investment Option does not involve an investment in any underlying portfolio. Instead, it is an obligation of AXA Equitable Life Insurance Company. 1 Structured Capital Strategies is a variable and index-linked deferred annuity contract. Please see the reverse side for additional important information and footnote references.

8 AXA Equitable, upon advance notice, may discontinue, suspend or change contributions and transfers among investment options and Segment offerings or make other changes in contribution and transfer requirements and limitations. Certain types of contracts and features will not be available in all jurisdictions. The S&P 500 Price Return Index and the Dow Jones US Real Estate Index (the Indexes ) are products of S&P Dow Jones Indices LLC ( SPDJI ), and have been licensed for use by AXA Equitable. The Structured Capital Strategies contract is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P or any of their respective affiliates (collectively, S&P Dow Jones Indices ). S&P Dow Jones Indices makes no representation or warranty, express or implied, to the owners of the Structured Capital Strategies contract. The S&P 500 Price Return Index comprises 500 of the largest companies in leading industries of the U.S. economy. Larger, more established companies may not be able to attain potentially higher growth rates of smaller companies, especially during extended periods of economic expansion. The Russell 2000 Price Return Index is a trademark of Russell Investments and has been licensed for use by AXA Equitable. The Product is not sponsored, endorsed, sold or promoted by Russell Investments and Russell Investments makes no representation regarding the advisability of investing in the Product. The Russell 2000 Price Return Index tracks the performance of small-cap companies. Stocks of small and mid-size companies have less liquidity than those of larger companies and are subject to greater price volatility than the overall stock market. Smaller company stocks involve a greater risk than is customarily associated with more established companies. This document must be accompanied by the product kit carrier and the product prospectus. Please note that an annuity contract that is purchased to fund an IRA should be considered for the annuity s features and benefits other than tax deferral. For such cases, tax deferral is not an additional benefit for the annuity. You may also want to consider the relative features, benefits, and costs of this annuity with any other investment that you may have in connection with your retirement plan or arrangement. Certain types of contracts and features may not be available in all jurisdictions. This flyer is not a complete description of the Structured Capital Strategies variable annuity. Structured Capital Strategies is a registered service mark of AXA Equitable Life Insurance Company, New York, NY Structured Capital Strategies is issued by AXA Equitable Life Insurance Company, New York, NY Co-distributed by affiliates AXA Advisors, LLC and AXA Distributors, LLC, New York, NY Visit our website at You can contact us at (212) to find out the availability of other contracts. Contract form #s: 2010PCSBASE-I-A/B and 2010PCSBASE-A/B and any state variations 2013 AXA Equitable Life Insurance Company. All rights reserved. Patent Pending Avenue of the Americas, New York, NY 10104, (212) G31251 GE Cat. # (6/13)

9 Structured Capital Strategies Series B 5-Year Segment Options This document is one part of the Structured Capital Strategies product kit. Please note that this document is intended to be viewed only after reading the kit carrier, which contains important introductory information about the Structured Capital Strategies variable annuity, 1 including the definitions of product terms. 1. Segment Duration? 5-Year 2. What Index? 3. With How Much Downside Segment Protection?* S&P 500 Index -20% -30% View the most recent declared Performance Cap Rate Flyer online or on your mobile device: or scan this QR code. How Structured Capital Strategies Works Hypothetical Example 30% Up Market Down Market Up Market Down Market The index returns 19%. Because the return is under the Performance Cap Rate, you realize the full index gain. The index returns -25%. Due to the -30% Segment Buffer, AXA Equitable absorbs the full loss, and you realize a 0% return. The index returns 35%. Because the gain is in excess of the Performance Cap Rate, you realize a 30% return up to the Performance Cap Rate. The index returns -32%. AXA Equitable absorbs the first -30% of the loss, leaving you with only a -2% loss. 30% Performance Cap Rate 35% 30% 5-Year 20% 10% 19% 19% Hypothetical Index Return Segment Upside Potential 0% 0% -2% -10% -20% -25% Downside Protection Absorbed by AXA Equitable -30% -30% -32% View daily hypothetical Performance Cap Rates online at This hypothetical example is for illustrative purposes only. The Structured Investment Option provides a rate of return tied to the performance of a specified index. The Performance Cap Rate is an assumed rate of 30%. * You are protected from some downside risk; if the negative return is in excess of the, there is a loss of principal. The Structured Investment Option does not involve an investment in any underlying portfolio. Instead, it is an obligation of AXA Equitable Life Insurance Company. 1 Structured Capital Strategies is a variable and index-linked deferred annuity contract. Please see the reverse side for additional important information and footnote references.

10 AXA Equitable, upon advance notice, may discontinue, suspend or change contributions and transfers among investment options and Segment offerings or make other changes in contribution and transfer requirements and limitations. Certain types of contracts and features will not be available in all jurisdictions. The S&P 500 Price Return Index and the Dow Jones US Real Estate Index (the Indexes ) are products of S&P Dow Jones Indices LLC ( SPDJI ), and have been licensed for use by AXA Equitable. The Structured Capital Strategies contract is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P or any of their respective affiliates (collectively, S&P Dow Jones Indices ). S&P Dow Jones Indices makes no representation or warranty, express or implied, to the owners of the Structured Capital Strategies contract. The S&P 500 Price Return Index comprises 500 of the largest companies in leading industries of the U.S. economy. Larger, more established companies may not be able to attain potentially higher growth rates of smaller companies, especially during extended periods of economic expansion. The Russell 2000 Price Return Index is a trademark of Russell Investments and has been licensed for use by AXA Equitable. The Product is not sponsored, endorsed, sold or promoted by Russell Investments and Russell Investments makes no representation regarding the advisability of investing in the Product. The Russell 2000 Price Return Index Index tracks the performance of small-cap companies. Stocks of small and mid-size companies have less liquidity than those of larger companies and are subject to greater price volatility than the overall stock market. Smaller company stocks involve a greater risk than is customarily associated with more established companies. This document must be accompanied by the product kit carrier and the product prospectus. Please note that an annuity contract that is purchased to fund an IRA should be considered for the annuity s features and benefits other than tax deferral. For such cases, tax deferral is not an additional benefit for the annuity. You may also want to consider the relative features, benefits, and costs of this annuity with any other investment that you may have in connection with your retirement plan or arrangement. Certain types of contracts and features may not be available in all jurisdictions. This flyer is not a complete description of the Structured Capital Strategies variable annuity. All contract guarantees and any fixed subaccount crediting rates or annuity payout rates, are backed by the claims-paying ability of AXA Equitable. They are not backed by the broker/dealer from which this annuity is purchased, by the insurance agency from which this annuity is purchased or any affiliates of those entities and none makes any representations or guarantees regarding the claims-paying ability of AXA Equitable. There is no guaranteed minimum death benefit, principal protected death benefit or guaranteed minimum surrender value. RMD withdrawals come out of the contract at the Segment Interim Value and clients should consider this when buying with IRA funds. Structured Capital Strategies is a registered service mark of AXA Equitable Life Insurance Company, New York, NY Structured Capital Strategies is issued by AXA Equitable Life Insurance Company, New York, NY Co-distributed by affiliates AXA Advisors, LLC and AXA Distributors, LLC, New York, NY Visit our website at You can contact us at (212) to find out the availability of other contracts. Contract form #s: 2010PCSBASE-I-A/B and 2010PCSBASE-A/B and any state variations 2013 AXA Equitable Life Insurance Company. All rights reserved. Patent Pending Avenue of the Americas, New York, NY 10104, (212) G31252 GE Cat. # (6/13)

11 Structured Capital Strategies History May Be A Guide This document is one part of the Structured Capital Strategies product kit. Please note that this document is intended to be viewed only after reading the kit carrier, which contains important introductory information about the Structured Capital Strategies variable annuity, 1 including the definitions of product terms. Historical perspective... To give you perspective on how these indices have performed historically, the following analysis observes returns of 1-Year, 3-Year, and 5-Year periods on a rolling monthly basis (e.g., Jan Jan, Feb Feb, etc.). The chart below shows how frequently losses have occurred during various time periods. Depending on the duration of a Segment, investors can receive protection of -10% (1-, 3-, 5-Year), -20% (3-, 5-Year) and -30% (5-Year). The protective buffer stays at a constant level for the duration of the specific Segment. For instance, if you have a 10% buffer and the given index declines by 8% during the time period, then your investment would be completely protected. If the index were to decline by 12%, your investment would incur only a 2% loss. Historical Index Returns January S&P 500 Russell 2000 NASDAQ MSCI EAFE MSCI Emerging Markets 3 DJ U.S. Real Estate 4 Gold Oil 5 1-Year 3-Year 5-Year 1-Year 3-Year 5-Year 1-Year 1-Year 1-Year 1-Year 1-Year 1-Year Average Return 10% 31.6% 56.2% 10.4% 28.6% 48.1% 16.7% 9.9% 13.2% 4.8% 6.2% 9.1% Total Gains and Losses Number of Gains Number of Losses Loss 10% Loss > 10 20% Loss > 20 30% Loss > 30% % of Times Returns Occurred Above -10%, -20%, or -30% 86.6% 88.1% 99.7% 82.7% 92.8% 99.7% 85.0% 81.6% 76.7% 76.1% 84.7% 74.2% respectively across columns % of Times Any Loss Occurred 22.5% 21.1% 26.6% 29.1% 14.8% 11.5% 20.8% 30.2% 32.9% 30.4% 41.1% 44.0% History May Be A Guide % of Times Returns Occurred Above -10%, -20%, or -30% This row shows the percentage of times a rolling monthly index return occurred above -10% in the 1-Year index columns, -20% in the 3-Year index columns, and -30% in the 5-Year index columns. Please note that the MSCI EAFE, Gold, Oil, MSCI Emerging Markets and NASDAQ 100 indices are limited to the percent of times returns occurred above -10%. Past performance is no guarantee of future results. Individuals cannot invest directly in an index. This data does not represent the performance of any specific investment. Performance of Structured Capital Strategies will differ from that of the performance shown above due to the Performance Cap Rate, level of downside protection, fees and expenses. 1 Structured Capital Strategies is a variable and index-linked deferred annuity contract. Please see the reverse side for additional important information and footnote references.

12 Some things to consider from January : The largest 5-year loss in the S&P 500 Index dating back to 1980 was 35.8% (month ending Feb. 2009). The largest 5-year loss in the Russell 2000 Index dating back to 1980 was 33.56% (month ending Feb. 2009). There was less than a 3% chance of having a loss greater than 20% in the S&P 500 Index and the Russell 2000 Index over 5-year periods, but almost a fifth of the time, a loss occurred between 0 and 20%. All periods mentioned above are rolling monthly periods. A rolling monthly period is defined as month start to month end over 1-, 3- or 5-year periods. (e.g., Jan. 1, 1980 Jan. 31, 1985 is one 5-year rolling monthly period.) Past performance is not a guarantee of future results. For illustrative purposes only. This data does not represent the performance of any specific investment. Individuals cannot invest directly in an index. 2 NASDAQ 100 Data available from March 1985 December MSCI Emerging Markets Data available from January 1988 December DJ U.S. Real Estate Data available from July 2000 December Oil Index Returns available only from its inception in April Certain features and benefits described herein may not be available in all jurisdictions. In addition, some distributors may eliminate and/or limit the availability of certain features or options, based on annuitant issue age or other criteria. This flyer is not a complete description of the Structured Capital Strategies variable annuity and must be accompanied by the product prospectus and the product kit carrier. The S&P 500 Price Return Index and the Dow Jones US Real Estate Index (the Indexes ) are products of S&P Dow Jones Indices LLC ( SPDJI ), and have been licensed for use by AXA Equitable. The Structured Capital Strategies contract is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P or any of their respective affiliates (collectively, S&P Dow Jones Indices ). S&P Dow Jones Indices makes no representation or warranty, express or implied, to the owners of the Structured Capital Strategies contract. The S&P 500 Price Return Index comprises 500 of the largest companies in leading industries of the U.S. economy. Larger, more established companies may not be able to attain potentially higher growth rates of smaller companies, especially during extended periods of economic expansion. The Russell 2000 Price Return Index is a trademark of Russell Investments and has been licensed for use by AXA Equitable. The Product is not sponsored, endorsed, sold or promoted by Russell Investments and Russell Investments makes no representation regarding the advisability of investing in the Product. The Russell 2000 Price Return Index tracks the performance of small-cap companies. Stocks of small and mid-size companies have less liquidity than those of larger companies and are subject to greater price volatility than the overall stock market. Smaller company stocks involve a greater risk than is customarily associated with more established companies. The NASDAQ 100 Price Return Index includes 100 of the largest domestic and international non-financial securities listed on The NASDAQ Stock Market based on market capitalization. The Index reflects companies across major industry groups, including computer hardware and software, telecommunications and biotechnology. Non-diversified investing may be focused in a smaller number of issues or one sector of the market that may make the value of the investment more susceptible to certain risks than diversified investing. The Product referred to herein is not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such Product or any index on which such Product is based. The prospectus contains a more detailed description of the limited relationship MSCI has with AXA Equitable and any related products. The MSCI EAFE Price Return Index Is a sampling of securities deemed by MSCI as designed to measure the equity market performance of the developed European, Australasian and Far East (EAFE) markets. Australasia includes Australia, New Zealand and neighboring islands of the South Pacific. International securities carry additional risks, including currency exchange fluctuation and different government regulations, economic conditions and accounting standards. The MSCI Emerging Markets Price Return Index Is a free float-adjusted market capitalization index that is designed to measure equity market performance of 21 emerging market country indices, including Brazil, Russia, India, China and others in Southeast Asia, Eastern Europe, Latin America and Africa. International securities carry additional risks including currency exchange fluctuation and different government regulations, economic conditions and accounting standards. The ishares Dow Jones U.S. Real Estate Index Fund Seeks investment results that correspond generally to the performance of the Dow Jones U.S. Real Estate Index. The Index measures the performance of the Real Estate industry of the U.S. equity market, including real estate holding and developing and real estate investment trusts (REITS) subsectors. The investment performance of the ishares Dow Jones U.S. Real Estate Index Segment is based only on the closing share price of the Index Fund. The ishares Dow Jones U.S. Real Estate Index Segment does not include dividends declared by the Index Fund. Non-diversified investing may be focused in a smaller number of issues or one sector of the market that may make the value of the investment more susceptible to certain risks than diversified investing. The London Gold Market Fixing Ltd PM Fix Price/USD (Gold Index) is an international benchmark for the price of Gold. Because this Investment Segment is tracked to the commodities industry it can be significantly affected by commodity process, world events, import controls, worldwide competition, government regulations, and economic conditions. Apart from the risks associated with general commodity investing, there are risks to investing in the common stocks of commodity-producing companies. You should be willing to accept the risks that come with exposure to foreign and emerging markets, including political, economic and currency volatility. The NYMEX West Texas Intermediate Crude Oil Generic Front Month Futures (Oil Index) is the underlying commodity index of oil futures contracts. Risks involved with futures contracts include imperfect correlation between the change in the market value of the stocks held by the portfolio and the prices of futures contracts and options, and the possible lack of a liquid secondary market for futures or options contracts, and the resulting inability to close a futures contract prior to its maturity date. Also, index options, over-the-counter options, and options on futures are exposed to additional volatility and potential losses. All contract and rider guarantees, including optional benefits and any fixed subaccount crediting rates or annuity payout rates, are backed by the claimspaying ability of AXA Equitable. They are not backed by the broker/dealer from which this annuity is purchased, by the insurance agency from which this annuity is purchased or any affiliates of those entities and none makes any representations or guarantees regarding the claims-paying ability of AXA Equitable. Structured Capital Strategies is a registered service mark of AXA Equitable Life Insurance Company, New York, NY Structured Capital Strategies is issued by AXA Equitable Life Insurance Company, New York, NY Co-distributed by affiliates AXA Advisors, LLC and AXA Distributors, LLC, New York, NY Visit our website at You can contact us at (212) to find out the availability of other contracts. Contract form #s: 2010PCSBASE-I-A/B and 2010PCSBASE-A/B and any state variations 2013 AXA Equitable Life Insurance Company. All rights reserved. Patent Pending 1290 Avenue of the Americas, New York, NY 10104, (212) ML-XXXXX G31253 GE (6/13) (Exp.6/15) Cat. # (6/13)

13 Important Terms (continued) ishares Dow Jones U.S. Real Estate Index Fund. Seeks investment results that correspond generally to the performance of the Dow Jones U.S. Real Estate Index. The Index measures the performance of the Real Estate industry of the U.S. equity market, including real estate holding and developing and real estate investment trusts (REITS) subsectors. The investment performance of the ishare Dow Jones U.S. Real Estate Index Segment is based only on the closing share price of the Index Fund. The ishare Dow Jones U.S. Real Estate Index Segment does not include dividends declared by the Index Fund. Non-diversified investing may be focused in a smaller number of issues or one sector of the market that may make the value of the investment more susceptible to certain risks than diversified investing. London Gold Market Fixing Ltd PM Fix Price/USD (Gold Index) (Not available in all jurisdictions.) Is an international benchmark for the price of Gold. Because this Investment Segment is tracked to the commodities industry it can be significantly affected by commodity process, world events, import controls, worldwide competition, government regulations, and economic conditions. Apart from the risks associated with general commodity investing, there are risks to investing in the common stocks of commodityproducing companies. You should be willing to accept the risks that come with exposure to foreign and emerging markets, including political, economic and currency volatility. NYMEX West Texas Intermediate Crude Oil Generic Front Month Futures (Oil Index) (Not available in all jurisdictions.) Is the underlying commodity index of oil futures contracts. Risks involved with futures contracts include imperfect correlation between the change in the market value of the stocks held by the portfolio and the prices of futures contracts and options, and the possible lack of a liquid secondary market for futures or options contracts, and the resulting inability to close a futures contract prior to its maturity date. Also, index options, over-the-counter options, and options on futures are exposed to additional volatility and potential losses. Withdrawing Your Money Free Withdrawal Amount: Access up to 10% of the beginning-of-contract-year account value free of withdrawal charges. Withdrawals in Excess of Free Withdrawal Amount: If you decide to withdraw prior to five years after making a contribution, you will incur a declining withdrawal charge, a percentage dependent on the year you withdraw. Withdrawal charges may be waived under certain circumstances. Note: a new withdrawal charge schedule will apply to each contribution as of the date received by AXA Equitable. Withdrawals from a Segment: Prior to the Segment Maturity Date withdrawals are based upon the Segment Interim Value and will proportionately reduce the and Performance Cap Rate depending on the period those amounts were invested in the Segment. Therefore, a withdrawal may impact your Segment Investment by a greater amount than the withdrawal itself. Withdrawal Charges Contract Year Thereafter Declining Withdrawal Charge 5% 4% 3% None Partial withdrawals are permitted. Unless otherwise requested, withdrawals are taken in the following order on a pro rata basis: 1. Variable Investment Options (VIOs) 2. Segment Type Holding Account(s) 3. Segment(s) Alternatively, if you want to select Segments to withdraw from, you may make that selection after the VIOs and Segment Type Holding Account(s) have been depleted. Amounts withdrawn from active Segments will be valued using the formula for calculating the Segment Interim Value. (See Important Terms Section.) AXA Equitable Life Insurance Company has sole legal responsibility to pay amounts it owes under the contract. An owner should look to the financial strength of AXA Equitable for its claims-paying ability. Automatic Required Minimum Distribution (RMD) Withdrawal Service is available. Beginning in the calendar year in which you reach age 70½, you will receive an annual RMD payment in December when you enroll in the RMD program. RMD withdrawals that are distributed through the program that are in excess of the 10% free withdrawal amount are not subject to withdrawal charges. Withdrawn money is taken in the same order as partial withdrawals (see above). Death Benefit Return of Account Value as of the date all paperwork is received in good order, without any missing or unclear information. Depending on your designated beneficiaries, a contract can be continued under either Spousal Continuation or the Beneficiary Continuation Option. The Segment Interim Value is used in the calculation of the death benefit, and may be lower than your original investment in the Segment, even when the index is higher at the time of the death benefit payment than at the time of the original investment. If an investor dies before the Segment Maturity Date, the will not necessarily apply to the extent it would on the Segment Maturity Date, and any upside performance will be limited to a percentage lower than the Performance Cap Rate. See Segment Interim Value in the Important Terms section of this fact card. This flyer is not a complete description of the Structured Capital Strategies variable annuity and must be accompanied by the product kit carrier and the product prospectus. If you are purchasing an annuity contract as an Individual Retirement Annuity (IRA), you should be aware that such annuities do not provide tax-deferral benefits beyond those already provided by the Internal Revenue Code. Before purchasing one of these annuities, you should consider whether its features and benefits beyond tax deferral meet your needs and goals. You may also want to consider the relative features, benefits and costs of these annuities with any other investment that you may use in connection with your retirement plan or arrangement. AXA Equitable may discontinue, suspend, or change contributions and transfers among investment options or make other changes in contribution and transfer requirements and limitations. AXA Equitable, upon advance notice to you, reserves the right to discontinue, suspend or change Segment offerings. Not all types of contracts, features and benefits are available in all jurisdictions and all markets. We offer other variable annuity contracts with different fees, charges and features. Not every contract is available through the same selling broker/dealer. You can contact us at (212) to find out the availability of other contracts. This fact card was prepared to support the promotion and marketing of AXA Equitable variable annuities. AXA Equitable, its distributors and their respective representatives do not provide tax, accounting or legal advice. Any tax statements contained herein were not intended or written to be used, and cannot be used, for the purpose of avoiding U.S. federal, state or local tax penalties. Please consult your own independent advisors as to any tax, accounting or legal statements made herein. S&P, Standard & Poor s, S&P 500 and Standard & Poor s 500 are trademarks of Standard & Poor s Financial Services LLC ( Standard & Poor s ) and have been licensed for use by AXA Equitable. Structured Capital Strategies is not sponsored, endorsed, sold or promoted by Standard & Poor s and Standard & Poor s does not make any representation regarding the advisability of investing in Structured Capital Strategies. The Russell 2000 Price Return Index is a trademark of Russell Investments and has been licensed for use by AXA Equitable. The Product is not sponsored, endorsed, sold or promoted by Russell Investments and Russell Investments makes no representation regarding the advisability of investing in the Product. The NASDAQ 100 Price Return Index (Not available in all jurisdictions.) Includes 100 of the largest domestic and international non-financial securities listed on the NASDAQ Stock Market based on market capitalization. The Index reflects companies across major industry groups including computer hardware and software, telecommunications and biotechnology. International securities carry additional risks including currency exchange fluctuation and different government regulations, economic conditions and accounting standards. The Product referred to herein is not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such Product or any index on which such Product is based. The prospectus contains a more detailed description of the limited relationship MSCI has with AXA Equitable and any related products. The MSCI EAFE Price Return Index Is a sampling of securities deemed by MSCI as designed to measure the equity market performance of the developed European, Australasian and Far East (EAFE) markets. Australasia includes Australia, New Zealand and neighboring islands of the South Pacific. International securities carry additional risks, including currency exchange fluctuation and different government regulations, economic conditions and accounting standards The MSCI Emerging Markets Price Return Index Is a free float-adjusted market capitalization index that is designed to measure equity market performance of 21 emerging market country indices, including Brazil, Russia, India, China and others in Southeast Asia, Eastern Europe, Latin America and Africa. International securities carry additional risks, including currency exchange fluctuation and different government regulations, economic conditions and accounting standards. The ishares Dow Jones U.S. Real Estate Index Fund Seeks investment results that correspond generally to the performance of the Dow Jones U.S. Real Estate Index. The Index measures the performance of the Real Estate industry of the U.S. equity market, including real estate holding and developing and real estate investment trusts (REITS) subsectors. The investment performance of the ishares Dow Jones U.S. Real Estate Index Segment is based only on the closing share price of the Index Fund. The ishares Dow Jones U.S. Real Estate Index Segment does not include dividends declared by the Index Fund. Non-diversified investing may be focused in a smaller number of issues or one sector of the market that may make the value of the investment more susceptible to certain risks than diversified investing. The London Gold Market Fixing Ltd PM Fix Price/USD (Gold Index) (Not available in all jurisdictions.) is an international benchmark for the price of Gold. Because this Investment Segment is tracked to the commodities industry it can be significantly affected by commodity process, world events, import controls, worldwide competition, government regulations, and economic conditions. Apart from the risks associated with general commodity investing, there are risks to investing in the common stocks of commodity producing companies. You should be willing to accept the risks that come with exposure to foreign and emerging markets, including political, economic and currency volatility. The NYMEX West Texas Intermediate Crude Oil Generic Front Month Futures (Oil Index) (Not available in all jurisdictions.) is the underlying commodity index of oil futures contracts. Risks involved with futures contracts include imperfect correlation between the change in the market value of the stocks held by the portfolio and the prices of futures contracts and options, and the possible lack of a liquid secondary market for futures or options contracts, and the resulting inability to close a futures contract prior to its maturity date. Also, index options, over-the-counter options, and options on futures are exposed to additional volatility and potential losses. All contract and rider guarantees, including optional benefits and any fixed subaccount crediting rates or annuity payout rates, are backed by the claims-paying ability of AXA Equitable. They are not backed by the broker/dealer from which this annuity is purchased, by the insurance agency from which this annuity is purchased or any affiliates of those entities and none makes any representations or guarantees regarding the claims-paying ability of AXA Equitable. Structured Capital Strategies is a registered service mark of AXA Equitable Life Insurance Company, New York, NY Structured Capital Strategies is issued by AXA Equitable Life Insurance Company, New York, NY Co-distributed by affiliates AXA Advisors, LLC and AXA Distributors, LLC, New York, NY Visit our website at You can contact us at (212) to find out the availability of other contracts. Issued by AXA Equitable Life Insurance Company (AXA Equitable), New York, NY Co-distributed by affiliates AXA Advisors, LLC and AXA Distributors, LLC, New York, NY Contract form #s: 2010PCSBASE-I-A/B and 2010PCSBASE-A/B and any state variations 2013 AXA Equitable Life Insurance Company. All rights reserved. Patent Pending Avenue of the Americas, New York, NY 10104, (212) ML G31238 GE (6/13) (Exp. 6/13) Cat. # (6/13) Structured Capital Strategies Series B This document is one part of the Structured Capital Strategies product kit. Please note that this document is intended to be viewed only after reading the kit carrier, which contains important introductory information about the Structured Capital Strategies variable annuity, 1 including the definitions of product terms. Structured Capital Strategies is an innovative, tax-deferred structured growth strategy that includes a built-in protection feature providing you the opportunity to invest for growth up to a Performance Cap Rate with some downside protection. Contribution Amounts Initial Minimum: $25,000 Subsequent Minimum: Non-Qualified: $500 Roth IRA & Traditional IRA: $50 There is no minimum requirement for transfers into a Segment or for contributions/transfers to a Segment Type Holding Account. Maximum: $1.5 million Maximum contribution age is 86 (or if later, the first contract date anniversary). This product generally offers greater upside potential, but less downside protection, at maturity than fixed indexed annuities, which provide a guaranteed minimum return. AXA Equitable, upon advance notice to you, may at any time exercise its rights to discontinue, suspend or change acceptance of contributions/transfers, as well as change minimum and maximum contribution requirements and limitations. Please see the prospectus and supplemental materials for details. Structured Capital Strategies is a long-term financial product designed for retirement purposes. Simply stated, a variable annuity is a contract between you and an insurance company that lets you pursue the accumulation of assets through equities and other investment options. You may then take payments or a lump sum amount at a later date. In Structured Capital Strategies, you invest to accumulate value on a tax-deferred basis in one or more of our variable investment options and/or in one or more of the Segments comprising the Structured Investment Option. important considerations This fact card does not cover all material provisions of the Structured Capital Strategies contract. This fact card must be preceded or accompanied by a current Structured Capital Strategies prospectus, which contains detailed information about the Structured Capital Strategies contract, including risks, charges, expenses, investment objectives, limitations and restrictions. You should carefully read the prospectus included in this kit before purchasing a contract. There is a risk of a substantial loss of your principal because you agree to absorb all losses to the extent they exceed the protection provided by the Structured Investment Option at maturity. If you would like a guarantee of principal, we offer other products that provide such guarantees. AXA Equitable Life Insurance Company has sole legal responsibility to pay amounts it owes under the contract. An owner should look to the financial strength of AXA Equitable for its claims-paying ability. Fact Card Tax Consequences Distributions taken prior to annuitization are generally considered to come from the gain in the contract first. If the contract is tax-qualified, generally all withdrawals are treated as distributions of gain. Withdrawals of gain are taxed as ordinary income and, if taken prior to age 59½, may be subject to an additional 10% federal tax. 1 Structured Capital Strategies is a variable and index-linked deferred annuity contract. Please see the back page for additional important information.

14 Issue Ages Non-Qualified, Roth IRA & Traditional IRA: 0 85 (Ages 0 18 are available under a custodial agreement under the Uniform Gifts to Minors Act (UGMA) or Uniform Transfers to Minors Act (UTMA). May vary in some states.) Structured Investment Option To address down market fears, the Structured Investment Option provides the choice of one or several indices and maturity options, and in addition, it includes a downside protection feature, called a. The provides you with the opportunity to invest for growth while minimizing loss. The Structured Investment Option permits an investor to invest in one or more Segments, each of which provides performance tied to the performance of a securities or commodities index for a set period (1 year, 3 years or 5 years) up to a Performance Cap Rate. The Structured Investment Option comprises the following 18 Segment Types 1. Segment Duration? 2. What Index? 3. With How Much Downside Segment Protection?* * You are protected from some downside risk; if the negative return is in excess of the, there is a risk of loss of principal. The Structured Investment Option does not involve an investment in any underlying portfolio. Instead, it is an obligation of AXA Equitable Life insurance Company. Segment Type Combination of the index option, duration and buffer you choose is what distinguishes your investment option. See Important Terms. Built-in protection feature, in which AXA Equitable will absorb up to the first -10%, -20% or -30% of any loss. You will absorb the loss in excess of your. See Important Terms. Segment Duration Segment Start Date to Segment Maturity Date, available in one, three, and five years. See Important Terms. 2 Not available in all jurisdictions. Depending on the index option and duration you choose, (1 year, 3 years or 5 years), AXA Equitable will absorb the first -10%, -20% or -30% of any loss to help alleviate your down market fears while capturing any potential gain up to the applicable Performance Cap Rate. The Performance Cap Rate is the maximum potential ceiling, or cap, that you may get from index gains. It may limit your potential in up markets. While you are protected from some downside risk, if the negative return is in excess of the, there is a risk of a substantial loss of your principal. Investment Options I. Structured Investment Option offers you the opportunity to invest in 18 Segment Types, with varying maturities tied to the performance of an equity or commodity index. Your options are: 1. S&P 500 Price Return Index 5. MSCI Emerging Markets Price Return Index 2. Russell 2000 Price Return Index 6. ishares Dow Jones U.S. Real Estate Index Fund 3. NASDAQ 100 Price Return Index 2 7. London Gold Market Fixing Ltd PM Fix Price/USD 2 4. MSCI EAFE Price Return Index 8. NYMEX West Texas Intermediate Crude Oil Futures Front Month Futures 2 2 Not available in all jurisdictions. 1-Year 3-Year 5-Year S&P 500 Index NASDAQ 100 Index 2 MSCI EAFE Index MSCI Emerging Markets Index DJ US REIT 2 Gold Index 2 Oil Index 2 S&P 500 Index 20% S&P 500 Index 20% -30% Investment Options (continued) You have the ability to invest in up to 70 Segments and Segment Type Holding Accounts at any given time. If money that is scheduled to sweep into Segments will cause the contract to exceed 70, the money will be defaulted into the EQ/Money Market. Once amounts are in a Segment, you cannot transfer out of a Segment to another investment option. You can only make withdrawals out of a Segment or surrender your contract. The amount you would receive would be calculated using the formula for the Segment Interim Value. (See Important Terms Section.) II. Variable Investment Options are also available, exclusive of s and Performance Cap Rates. These choices are: 1. EQ/Equity 500 Index 2. EQ/Core Bond Index 3. EQ/Money Market Your investment return is dependent on the performance of the underlying portfolios and subject to market fluctuations and could include the loss of principal. Dollar Cap Averaging (DCA) Dollar Cap Averaging Program (DCA) is a service designed to reduce investment timing decisions by systematically investing in any of the available Segments over a period of either three or six months. The Program invests in the Dollar Cap Averaging Account, which is part of the EQ/Money Market Variable Investment Option. The Dollar Cap Averaging Account has the same rate of return as the EQ/Money Market variable investment option. The Program allows you to gradually allocate amounts to available Segment Type Holding Accounts by periodically transferring approximately the same dollar amount to your selected Segment Type Holding Accounts. Regular allocations to the Segment Type Holding Accounts will allow you to invest in the Segments at different Performance Cap Rates. Therefore, you may get a higher average cap over the long term. This plan of investing, however, does not guarantee that you will earn a profit or be protected against losses. We may, at any time, exercise our right to terminate transfers to any of the Segment Type Holding Accounts, limit the number of Segments that you may elect or discontinue offering the Program. You may specify a Performance Cap Threshold if you elect to invest in the DCA. This means you will investment in the Segment(s) based on the Performance Cap Rate declared on the Segment Start Date. The DCA can be funded from both new contributions to your contract and transfers from the investment options, including the EQ/Money Market variable investment option. If you elect to invest in the DCA at contract issue, 100% of your initial contribution must be allocated to the DCA. In other words, your initial contribution cannot be split between your DCA and any other investment option available under the contract. Annual Contract Fee for the Variable Investment Options 1.25% plus administrative portfolio fees (a daily charge deducted from the net assets in each Variable Investment Option and Segment Type Holding Account to cover administrative expenses, sales expenses and certain expense risks) Underlying Investment Portfolio Expenses (expressed as an annual percentage of daily net assets) EQ/Equity 500 Index EQ/Core Bond Index EQ/Money Market 0.XX% 0.XX% 0.XX% Please read the prospectus for detailed fee information. Important Terms Segment Duration Segment Start Date to Segment Maturity Date, available in one, three and five years. Segment Type Chosen Index option, including the Segment Duration and. Example: Chosen Index Segment Duration S&P years -20% Segment Types with greater protection tend to have lower Performance Cap Rates than other Segment Types that use the same index and duration but provide less protection. Segment Is your investment in a Segment Type, with a specific Segment Maturity Date. The Segment in the example below was established in August Example: Chosen Index Segment Duration Segment Maturity Date S&P years -20% August 14, 2013 Protects your investment when an index performance declines. Each Segment has a. rates available are -10%, -20% and -30%. AXA Equitable will absorb up to the first -10%, -20% or -30% of any loss. You will absorb the loss in excess of your. Please note that this could mean a substantial loss of principal in certain cases. Segment Type Holding Account Your contribution or the money that you wish to transfer into a Segment will be held in this account until it is ready to be swept or transferred into the chosen Segment on the next available Segment Start Date. Each Segment Type has its own Holding Account, which is part of the EQ/Money Market Variable Investment Option. The amounts held in a Segment Type Holding Account may earn a return that is less than the return you might have earned if those amounts were held in another Variable Investment Option. Important Terms (continued) Segment Start Date Is the date a new Segment is scheduled to start and is generally the 15th of each month. The Segment Start Date may be delayed by holidays or other events that may affect the exchanges on which the indices are traded. On the Segment Start Date, all money in the Segment Type Holding Account as of the prior business day will be swept into a new Segment if all qualifying requirements to establish a new Segment are met. Transfers cannot be made out of a Segment Type Holding Account on a Segment Start Date. Performance Cap Rate Maximum potential ceiling, or cap, that you may get from index gains. This rate is locked in on the Segment Start Date. The Performance Cap Rate is a rate of return from the Segment Start Date to the Segment Maturity Date, not an annual rate, even if the Segment Duration is longer than one year. (Please note that you are not investing directly in the applicable index. You will not know what the Performance Cap Rate is until the Segment starts.) Your Segment Rate of Return may be limited by the Performance Cap Rate, which may be lower than the performance you may otherwise have experienced if you invested in a mutual fund or exchange-traded fund designed to track the performance of the applicable index. Performance Cap Threshold The minimum Performance Cap Rate that you determine to be acceptable in allowing sweeps from the Segment Type Holding Account into a Segment. This means that you can determine a minimum level of return that meets your investment needs. If your Performance Cap Threshold is not met (the Performance Cap Rate is lower than your designated Performance Cap Threshold), your money will continue to be invested in the Segment Type Holding Account until it is met or the entire account value is transferred out of the Segment Type Holding Account. The Performance Cap Threshold is active for 90 days or if later, until amounts are swept into a new Segment. Setting a Performance Cap Threshold is not required. Segment Maturity Date The date when a Segment ends, which is generally on the 14th of each month. On the Segment Maturity Date your maturity value, equal to your investment contribution adjusted for withdrawals, plus an amount equal to your adjusted investment contributions, multiplied by your Segment Rate of Return (the index performance adjusted by the or Performance Cap Rate), will be set to automatically roll over into the next new Segment of the same Segment Type. Alternatively, you may elect to have your maturity value allocated to the same or different Segment Type, and/or Variable Investment Options, according to your current or updated allocation instructions on file. Account Value Total investment value in your Variable Investment Options, Segment Type Holding Accounts and Segment Interim Value. Segment Investment Is the dollar amount of your initial contribution, adjusted for withdrawals prior to the Segment Maturity Date. It is reduced pro rata by the proportion of the withdrawal to the Segment Interim Value. Therefore, the reduction could be greater than the amount of the withdrawal. The Segment Investment remaining at Segment Maturity is the amount protected by the Buffer. Segment Interim Value Is the value of the Segment prior to the Segment Maturity Date. The calculation is linked to various factors, including the value of a basket of put and call options on the relevant Index, as described in Appendix III of the prospectus. It may be lower than the original investment even when the index is higher and may be less than the amount you would receive had you held the investment to maturity. It would generally be lower the longer the time period before the Segment Maturity Date because we prorate the Performance Cap. It will generally be negatively affected by the increases in the expected volatility of index prices, interest rate increases, and by poor market performance. Overall, withdrawals from a Segment prior to the Segment Maturity Date will proportionately reduce the and the Performance Cap Rate depending on the period those amounts were invested in the Segment. S&P 500 Price Return Index Comprises 500 of the largest companies in leading industries of the U.S. economy. Larger, more established companies may not be able to attain potentially higher growth rates of smaller companies, especially during extended periods of economic expansion. Russell 2000 Price Return Index Tracks the performance of small-cap companies. Stocks of small and mid-size companies have less liquidity than those of larger companies and are subject to greater price volatility than the overall stock market. Smaller company stocks involve a greater risk than is customarily associated with more established companies. MSCI EAFE Price Return Index Is a sampling of securities deemed by MSCI as designed to measure the equity market performance of the developed European, Australasian and Far East (EAFE) markets. Australasia includes Australia, New Zealand and neighboring islands of the South Pacific. International securities carry additional risks, including currency exchange fluctuation and different government regulations, economic conditions and accounting standards. MSCI Emerging Markets Price Return Index Is a free float-adjusted market capitalization index that is designed to measure equity market performance of 21 emerging market country indices, including Brazil, Russia, India, China and others in Southeast Asia, Eastern Europe, Latin America and Africa. International securities carry additional risks, including currency exchange fluctuation and different government regulations, economic conditions and accounting standards. NASDAQ 100 Price Return Index (Not available in all jurisdictions.) Includes 100 of the largest domestic and international non-financial securities listed on The NASDAQ Stock Market based on market capitalization. The Index reflects companies across major industry groups, including computer hardware and software, telecommunications and biotechnology.

15 Structured Capital Strategies Pre-Packaged Segment Selections This document is one part of the StructuredCapital Strategies product kit. Please note that this document is intended to be viewed only after reading the kit carrier, which contains important introductory information about the Structured Capital Strategies variable annuity, 1 including the definitions of product terms. Structured Capital Strategies Pre-Packaged Segment Selections enable you to diversify your investments across multiple securities. Diversification is important because it may lower overall portfolio risk. Consider the ease of investing in multiple asset classes with the simplicity of Structured Capital Strategies Pre-Packaged Segments. There are three Pre-Packaged Segment Selections to choose from, offering more exposure to the Large Cap asset class through the S&P 500 and NASDAQ 100, or more exposure to the Small Cap and International asset class through the Russell 2000, MSCI EAFE and Emerging Markets allocations. Each Pre-Packaged Segment Selection consists of several Segments, each of which represents a specific percentage of your contribution. Choose one Pre-Packaged Segment Selection: 30% Russell % EAFE 65% S&P % EAFE 45% S&P % EAFE % Emerging Markets 25% S&P % Russell % NASDAQ % Russell % NASDAQ 100 More Exposure to Large Cap More Exposure to Small Cap and International Package 3 has higher sector allocation in small cap and international Segments, which generally have higher performance caps. Investment within Pre-Packaged Segments 2 (Available in 1-Year Segments only) Composition is as of June 2013 and subject to change. Which Package Is Right for Me? Different Pre-Packaged Segment Selections will help you achieve exposure to various asset classes. Investors who want at least 50% of investments in the Large Cap asset class should consider Package #1 and Package #2, which have higher allocation in the S&P 500. Investors who want higher allocation in Small Cap and access to Emerging Markets can consider Package #3. The performance caps may vary depending on market conditions. Historical performance cap data suggest Russell 2000 Segments generally provide higher performance caps than the S&P 500. Segment Selection Renewal At maturity, funds will be reallocated according to the percentages in the Pre-Packaged Segment Selection chosen. If desired, you may change their investment prior to the Segment Start Date. 3,4 1 Structured Capital Strategies is a variable and index-linked deferred annuity contract. Please see the reverse side for additional important information and footnote references. Asset Allocation