Life made easy
Simplifying the process, limiting the
medical questions and increasing
your coverage limits and term
options are just some of the
ways we are making life easier
at Liberty Mutual.
Single Payment
Whole Life
A single payment, interest-sensitive whole life insurance policy.¹
It is One of the most efficient asset transfer products available today.
Product Benefits
• 100 % return of principal guarantee²
• Access to cash value through withdrawals and policy loans³
• Cash value grows income tax-deferred
• Death benefit bypasses the hassle of probate⁴
• Death benefit passes income tax free, under current tax law
• Interest rate is locked in for one year
Innovative Submission and Underwriting Process:
• Approval decision in 10 minutes
• Four medical and health questions for submission
¹ Liberty Life Assurance Company of Boston, a Liberty Mutual company, issues Liberty Series Estate Maximizer Next Generation, a single payment interest-sensitive whole life insurance contract, on policy forms SPWL-2010157, ICC10-SPWL-2010157 as applicable (SPWL-2010157-NY in New York) and state variations identified by state code. Contract availability, terms, conditions, and issue limitations may vary by state.
² Unless loans and withdrawals have been made. All guarantees are backed by the continued claims paying ability of Liberty Mutual Insurance Company. Claims paying obligations are the sole responsibility of the policy issuing insurer. Obligations under a guarantee are the sole responsibility of the entity issuing the guarantee.
³ Withdrawals and loans are subject to tax on any gain in the contract and, if taken before age 59 ½, may be subject to a 10% federal tax penalty. Loans, if not repaid, and withdrawals will reduce the death benefit and account value. Clients should consult a tax advisor.
⁴ Provided estate is not the beneficiary of the contract.
Whole Life
Whole Life Insurance offering level premiums, strong
guarantees, and valuable protection.
Product Benefits:
• A guaranteed death benefit that will never decrease unless you take loans or surrender
paid-up additions are taken for their cash value
• Access to guaranteed cash values through policy loans¹
• The ability to tailor your coverage with a variety of add-on riders, like Liberty‘s Living Benefit,
an accelerated death benefit rider²
• The opportunity to earn contract credits that increase your policy’s cash value and
death benefit³
Innovative submission and underwriting process:Approval decision in 10 minutes
• Limited medical and health questions for submission
Liberty Life Assurance Company of Boston, a Liberty Mutual company, issues Liberty Series Whole Life on policy form WL-2005022 (WL-2008055 NY in New York and WL-2005022 NJ in New Jersey) and state variations identified by state code. Contract availability, terms, conditions, and issue limitations may vary by state. Home office: Boston, Mass. Service center: Dover, N.H.
¹Loan value will accrue interest, which if left unpaid will reduce the death benefit.
²Liberty‘s Living Benefit, an Accelerated Death benefit rider, will be added tothe contract at no additional charge unless it is declined at time of application. Availability and features may vary by state.
³Contracts in NY are participating and receive dividends.
Term
Our term insurance can provide coverage for 10-, 15-, 20-,
and 30- year periods. Your premiums are guaranteed to
remain level for the length of the term.
Product Benefits:
• Income tax-free death benefit, which means your beneficiaries, will be
provided for quickly and easily at a time they need it most.
• A choice of riders or add-on benefits to tailor your coverage. Every policy
comes with Liberty’s Living Benefit, an accelerated death benefit rider.²
• An option to continue coverage at the end of the level term period
• A built-in conversion guarantee which means that within a specified
timeframe you can convert your term policy to a permanent policy
without a medical exam!
Innovative submission and underwriting process:
• Approval decision in 10 minutes
• Limited medical and health questions for submission
Liberty Life Assurance Company of Boston, a Liberty Mutual company, issues Liberty Series Whole Life on policy form WL-2005022 (WL-2008055 NY in New York and WL-2005022 NJ in New Jersey) and state variations identified by state code. Contract availability, terms, conditions, and issue limitations may vary by state. Home office: Boston, Mass. Service center: Dover, N.H.
¹Loan value will accrue interest, which if left unpaid will reduce the death benefit.
²Liberty‘s Living Benefit, an Accelerated Death benefit rider, will be added tothe contract at no additional charge unless it is declined at time of application. Availability and features may vary by state.
³Contracts in NY are participating and receive dividends.
The information on this site is intended for use by
financial professionals only and is not intended for
use by or with consumers.
© 2014 Liberty Mutual Insurance
