|
|
|
|
A guaranteed premium that won't change.
Liberty Series Passport Term SM
insurance offers guaranteed level premiums over the term of the policy – 10, 20
or 30 years. Most people choose a period that corresponds with a specific need,
such as protecting a mortgage or providing for dependent children. We also
offer Passport Plus term life insurance with a return-of-premium feature.
|
|
A licensed insurance representative can help you identify which type of
coverage is a good fit for your needs and your budget.
Select the coverage that's right for you
You can select from among three different term periods with Liberty Series
Passport Term life insurance.1
-
Liberty Series Passport 10 SM
provides coverage for a 10-year period.
-
Liberty Series Passport 20 SM
provides coverage for a 20-year period.
-
Liberty Series Passport 30 SM
provides coverage for a 30-year period.
|
Special Features
With all three plans, your premiums are locked in for the length of the term.
All Liberty Series Passport Term policies offer special features:
|
|
-
A built-in conversion guarantee, available for 5 years with Passport 10;
15 years with Passport 20; and 25 years with Passport 30. It means that
within this timeframe, you can convert your Passport Term policy to any
permanent product in the Liberty Life portfolio, without evidence of
insurability. That means no medical exam!
-
A conversion credit toward the first-year premium of your new permanent
policy if you convert during the first five years.
-
A choice of riders – or add-on benefits– to tailor your coverage.
And every policy comes with Liberty’s Living Benefit, an accelerated
death benefit that allows you to receive up to 90% of your death benefit early
if you become terminally or chronically ill.
2
-
The option to continue coverage at the end of the level term
period. Your premiums will increase annually as you age, but the coverage
will be there if you need it, up to age 90.3
Get a quote on Passport Term now, or talk to a licensed
representative at
800-341-0603.
1 -Liberty Life Assurance Company of Boston, a member of the Liberty
Mutual Group, issues Liberty Series Passport 10, Passport 20 and Passport
30 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; and Liberty Series Passport Plus, a term life
insurance policy, on policy form TERM 2005105 and state variations
identified by state code. Contract availability, term, conditions
and issue limitations may vary by state. The Trust has an expense reimbursement arrangement with Liberty Life Assurance Company of Boston.
Home office: Boston,
MA. Service center: Dover, NH.
2-Liberty’s Living Benefit, an Accelerated Death Benefit rider, may vary by state. This
benefit will be added to your contract at no additional charge unless you
decline it at application. There will be a one-time processing fee of
$100 if you submit a claim for an accelerated benefit. The amount you
elect will be discounted because it is an early payment. Receipt of an
accelerated death benefit may be taxable and may affect eligibility for public
assistance programs. You should consult your tax advisor regarding any
tax implications.
3-May vary by state.
|
|
