AXA Equitable will provide notice to the Buyer and the Shareholder Representative electronically. The types of events for which notification will be given include, but are not limited to, the following:
- Processing of a claim;
- Receipt of a subsequent purchase payment;
- Change to a crediting rate due to a subsequent purchase payment, claims rate adjustment, pooled rate adjustment or extended maturity date;
- Termination of the contract; or
- Maturity of a contract.
Electronic monthly statements will also be sent by AXA Equitable directly to the parties to the Escrow Shield Plus Agreement (Buyer and Shareholder Representative). Further reporting to the shareholders is the responsibility of the Shareholder Representative, and in many cases that is SRS Acquiom.
Contact us at firstname.lastname@example.org to learn more.
Posted in: Services: Escrow Shield Plus