Liberty Series Simplified Issue Passport 20-year Term Life Insurance
Liberty Series Passport 20 provides coverage for 20 years. Your client’s premiums are guaranteed to remain level for the length of the term. Features include:
- Built-in conversion guarantee
- Your client can convert to a permanent policy without evidence of insurability within the first fifteen years of the policy
- A conversion credit
- Your client can receive credit for converting in the first five years, which equals the annualized premium
- A choice of riders
- Liberty’s Living Benefit, an accelerated death benefit¹
- Children’s Protection
- Disability Waiver of Premium
- Accidental Death and Dismemberment
- An option to continue coverage
- Premiums will increase annually, but coverage will be there up to age 90¹
Along with a strong product, we offer an innovative submission and underwriting process on eligible simplified issue sales. This process provides:
- Approval decision in 10 minutes
- Seven medical and health questions for submission
Liberty Life Assurance Company of Boston, a Liberty Mutual company, issues Liberty Series Passport 20 simplified issue term life insurance contracts on policy form TERM-2005057 (TERM-2005057 NY in New York and TERM-2005057 NJ in New Jersey) and state variations identified by state code. Contract availability, terms, conditions, and issue limitation may vary by state. Home office: Boston, Mass. Service center: Dover, N.H.
¹Availability and features may vary by state.