Liberty Bankers Life Insurance Company was established in 1957 and its headquarters are in Dallas, Texas. This insurance company offers various insurance and annuity products. Specifically, its life insurance products consist of several types of whole life insurance policies.
Liberty Bankers Company History and Highlights
Liberty Bankers Insurance Company has been operating for more than 60 years, offering home, life, and health insurance. Additionally, it provides annuity and retirement services.
Liberty Bankers prides itself on the sense of security and peace of mind it grants to all of its customers. With a solid financial background and a growing list of company affiliates, Liberty Bankers has the support they need to prioritize relationships and provide excellent financial services.
Liberty Bankers Plans & Riders
Liberty Bankers Life Insurance Group offers a range of whole life insurance options.
SIMPL (Final Expense)
SIMPL is a no medical exam life insurance policy. Its primary purpose is to be used as a final expense protection plan, which covers immediate costs – funeral expenses, medical bills, debt, etc.
Features of this plan include:
- Applicants 65 and under can qualify for coverage between $1,000 and $25,000
- Applicants 65 and under can qualify for the policy as soon as the application is submitted
- Applicants between 66 and 80 can receive coverage up to $15,000
Flex4Life
Flex4Life is Liberty Bankers’ whole life insurance plan offering high coverage and flexible payment options.
Modified Whole Life
Liberty Bankers’ modified whole life policy is a final expense protection plan for adults with manageable health conditions.
Features of this plan include:
- Coverage for applicants between 40 and 80
- The full death benefit is available after three years of premium payments
- Premium payments earn 10% interest in the first three years
Riders
- Children’s term
- Grandchildren’s term
- Accidental death and dismemberment
- Accelerated living benefit
- Waiver of premium
Ratings, Reviews, and Complaints
Liberty Bankers’ NAIC complaint index rating sits at 0.49, which is very good for its size and industry.
Third-Party Financial Strength Ratings
Why Principled Life Trusts Liberty Bankers
Despite its Better Business Bureau rating, Liberty Bankers’ other ratings are overwhelmingly positive. Overall, Liberty Bankers is a trusted life insurance group focusing on a range of whole life insurance policies.
