EQUITABLE LIFE INSURANCE COMPANY

                ENDORSEMENT APPLICABLE TO NON-QUALIFIED CONTRACTS
                                FOR JOINT OWNERS

This Endorsement applies only to Joint Owners of a Non-Qualified Contract. Both
Owners possess an undivided interest in the rights of the entire Contract. Both
Owners must act jointly in exercising any ownership rights. For purposes of this
Endorsement, references to "Contract" will also include "Certificate".

In this Endorsement, "we", "our" and "us" mean AXA Equitable Life Insurance
Company ("AXA Equitable") and unless otherwise indicated any reference to "you"
and "your" in the Contract will apply to both of the Owners.

Both Owners must be of legal age or age of majority. Neither Owner may be a
non-natural person.

PART VI - DEATH BENEFITS

1.   OWNER DEATH DISTRIBUTION RULES

          Upon the death of an Owner, before the Annuity Commencement Date:

     (a)  If a Joint Owner who is also the Annuitant dies, we will pay the death
          benefit to the surviving Joint Owner. The surviving Joint Owner will
          be deemed the Beneficiary, superseding any other beneficiary
          designation.

          Under the following circumstances, the death benefit will not be paid
          at the death of the Joint Owner/Annuitant before the Annuity
          Commencement Date and the coverage under the Contract will continue:

          (i)   the Joint Owner/Annuitant is married at the time of death;

          (ii)  the surviving spouse is the person named as Joint Owner; and

          (iii) the spouse elects to become the sole Owner "Successor Owner and
                Annuitant" of the Contract if the spouse survives the Joint
                Owner/Annuitant.

     (b)  If a Joint Owner who is not the Annuitant dies, the surviving Joint
          Owner becomes the sole Owner and will be deemed the Beneficiary
          superseding any other beneficiary designation.

          The entire Cash Value must be fully paid to the surviving Owner as
          Beneficiary within 5 years after the death of the first Joint Owner to
          die, or payments must begin not later than 1 year following the death
          of the first Joint Owner to die as a life annuity or installment
          option for a period of not longer than the life expectancy of the
          surviving Owner as Beneficiary. If the Joint Owners have not elected a
          form of payment, a single sum payment must be made to the surviving
          Owner as Beneficiary on the fifth anniversary of the death of the
          first Joint Owner to die. Subject to our rules at the time of payment,
          the surviving Owner as Beneficiary may elect to apply such a single
          sum payment to a new



                                       -2-


          non-qualified annuity Contract to be owned by the surviving Owner as
          Beneficiary. Instead of a single sum payment, the surviving Owner as
          Beneficiary may elect to receive an Annuity Benefit or a payout option
          which satisfies the terms of Section 72(s) of the Internal Revenue
          Code and our rules at the time. However, if the surviving Owner is the
          spouse of the deceased Joint Owner, the spouse can elect to continue
          the Contract while the Annuitant is living, and full payment of
          amounts under the Contract must be made not later than five years
          after the spouse's death.

          If payments under an Annuity Benefit had begun before one of the Joint
          Owner's death, such payments will continue to be made pursuant to the
          terms of such Benefit.

          If the Annuitant dies before the entire amount under the Contract is
          paid, we will pay the death benefit to the surviving Owner as
          Beneficiary.

          If the surviving Owner dies before the Annuitant, and before all
          amounts have been paid under the Contract, such amount will be paid in
          a single sum to the Beneficiary previously designated under the
          Contract. If there is no designated Beneficiary living, the payment
          will be made to the surviving Owner's estate.

2.   ELECTION OF ANNUITY BENEFITS

          If a period certain installment option is elected, the period certain
          elected may not extend beyond the life expectancy of the Beneficiary.


AXA EQUITABLE LIFE INSURANCE COMPANY

[
/s/ Christopher M. Condron              /s/ Karen Field Hazin
-------------------------------------   ----------------------------------------
Christopher M. Condron                  Karen Field Hazin, Vice President,
President and Chief Executive Officer   Secretary and Associate General Counsel]