Equitable compensation notice

DISCLOSURE REGARDING NOTICE OF PRODUCER COMPENSATION

Equitable is committed to customer-centricity in conducting its business. To that end, we believe that transparency regarding our producer (brokers, advisors, and consultants) compensation practices is appropriate. Equitable provides all group customers who purchase an Equitable Employee Benefits product with a Producer Compensation Notice at the time of purchase which explains the types of producer compensation Equitable pays. A copy of that notice can be obtained from Account Service: 866-274-9887, Monday-Friday, 8:30am - 5:30pm (Eastern Time) or ebaccountservice@equitable.com. In addition, Equitable fully discloses all compensation we paid to producers to our ERISA plan group customers that may be required to file a Form 5500 or similar document, as well as to any other group customer upon request.

Equitable values its relationships with its producers and its customers, and beyond any obligation you may have under applicable law, we encourage you to discuss with your clients any compensation you receive from Equitable and how it relates to their Equitable Employee Benefits product(s).

For more information regarding Equitable’s policy regarding notice of producer compensation, please contact the Account Service team at 866-274-9887, Monday-Friday, 8:30am - 5:30pm (Eastern Time) or ebaccountservice@equitable.com.

PRODUCER COMPENSATION NOTICE

Equitable utilizes the services of brokers, advisors, and consultants (collectively, "Producers") in connection with the sale of our Employee Benefits products. We believe that the expertise of these Producers is valuable to our customers, and so Equitable provides compensation to these Producers for their services. A Producer may receive one or more of the compensation types listed below in connection with the sale of Equitable Employee Benefits products to you and/or your employees.1

Base Compensation – this compensation, which varies by product, is payable as a percentage of annual premium on a pre-defined flat commission scale or on a graded schedule under which the commission percentage decreases as the annual premium increases.

Supplemental Compensation – this compensation, which is payable only in connection with sales of certain Equitable Employee Benefits products, is payable to all Producers other than advisors2 who meet certain pre-defined annual sales thresholds. This compensation is also payable as a percentage of annual premium on a pre-defined flat commission scale or on a graded schedule; however, unlike base compensation, under the supplemental compensation graded schedule, the commission percentage increases as the annual premium increases. The payment of supplemental compensation as to any particular sale does not affect the cost of the product purchased because the cost of supplemental compensation is considered part of the overhead expenses for all of Equitable’s Employee Benefits products.

For more information about Equitable’s Producer Compensation Program for its Employee Benefits products, please visit ebaccountservice@equitable.com.

1Note that Producers or their affiliates may have other relationships with Equitable unrelated to the sale of Equitable Employee Benefits products as to which those Producers may receive separate compensation from Equitable.
2Advisors may be eligible to receive

HIPPA  |  Legal
GE-130017 (10/2017)