NEW YORK, Aug. 23, 2011 /PRNewswire/ -- AXA Equitable
Life Insurance Company released a short video documentary
celebrating Theodore Krause, CLU,
the organization's oldest active financial professional. Krause
began his career in 1947 as a life insurance agent with the firm,
then known as The Equitable Life Assurance Society of America. He
still works with clients every day.
"Ted has long impressed his peers with his dedication to his
clients and high standards for professional excellence," said
David Karr, a divisional executive
vice president for AXA Advisors in the Philadelphia area and Krause's manager. "His
enthusiasm for life and his commitment to family, community and
clients serve as inspiration for us all."
In a candid interview, Krause reflects on his successful 65-year
life insurance career, why he remains engaged in helping people
with their financial needs, and why he has no plans to retire.
Krause also shares how he and his wife, Sarah, 101 years old,
planned for and enjoy their longevity together.
"Ted Krause has been helping
people protect against loss and prepare for the future for a
significant part of our company's 152-year history," said
Andrew McMahon, president of AXA
Equitable. "Through bull and bear markets and economic booms and
busts, Ted has steadily advised his clients, their children and now
grandchildren on preparing for a financially secure future."
Planning for 100 years of living is increasingly important.
The United States has the most
centenarians in the world. In 2010, according to the U.S. Census
Bureau, more than 70,000 people were aged 100 or older. That number
is expected to more than double to 200,000 in the next 20 years and
triple from that level to more than 600,000 by 2050. More than half
of the babies born today in wealthy countries, including
the United States, can expect to
live to age 100, according to an article published in The
Lancet medical journal*.
"Ted and his wife are living proof that it is important to
prepare for the long term," McMahon said. "In today's challenging
environment, Ted's professional perspective and personal experience
on financial planning is invaluable."
The video captures Krause's perspective on preparing for the
unexpected, weathering market volatility, keeping up with the
times, and staying educated. In documentary style, the camera
follows Krause on a typical workday, from punctual arrival at the
office to his regular midday swim at the local YMCA.
To access the video, please visit The
Source, AXA Equitable's multi-media website that
provides information and thought leadership on a wide array of
financial protection and retirement planning topics. The video can
also be viewed on AXA Equitable's Facebook page.
Please note that the comments made in this video are not
intended as investment or securities advice and do not constitute
an offer or solicitation of any kind.
About AXA Equitable
In business since 1859, AXA Equitable Life Insurance Company
(NY, NY) is a leading financial protection company and one of the
nation's premier providers of life insurance,
annuity, and financial products and services. The company's
products and services are distributed to individuals and business
owners through its retail distribution channel, AXA Advisors, LLC
(member FINRA, SIPC) and to the financial services market through
its wholesale distribution channel, AXA Distributors, LLC. Find AXA
Equitable on Facebook and Twitter or visit the
company's multi-media newsroom The Source @ AXA
Equitable.
Theodore Krause is a financial
professional who offers securities through AXA Advisors, LLC
(member SIPC) and offers the annuity and life insurance products of
AXA Equitable Life Insurance Company (NY, NY) and those of
unaffiliated carriers through AXA Network, LLC and its insurance
agency subsidiaries AXA Advisors, AXA Network, and AXA Equitable
are affiliated companies.
AXA Equitable, a subsidiary of AXA Financial Inc., is part of
the global AXA Group, a worldwide leader in financial protection
strategies and wealth management. "AXA Group" refers
to AXA, a French holding company for an international group of
insurance and financial services companies together with its direct
and indirect consolidated subsidiaries. For more information, visit
www.axa-equitable.com.
*"Ageing populations: the challenges ahead," The Lancet,
Volume 374, Issue 9696, October 3,
2009
GE-64834 (8/11)
SOURCE AXA Equitable