Liberty Mutual, an A rated company founded in 1912, provides a streamlined simplified issue term life insurance product with an instant decision and no medical exam, for those applicants who wish to expedite the underwriting process. Liberty Mutual's life insurance policies are underwritten by Liberty Life Assurance Company of Boston, a Liberty Mutual Company.
Liberty Mutual has a near-instant turnaround time, and in most cases, applicants can expect an underwriting decision after a single phone call. Once you get the policy, you'll have to process updates via paper forms, but Liberty Mutual is regarded for strong customer service. Liberty Mutual's Simplified Issue product features two rate classes, making it a solid choice for applicants in average or better health, who want fast coverage without a medical exam.
Liberty Mutual, the parent company of Liberty Life Assurance Company of Boston, was ranked #75 on the Fortune 500 in 2016.
After you're a policyholder
Quote for: $200,000 in coverage for a PI in California, non-tobacco user with no health complications, monthly premiums, and no medical exam required
|Company||Plan||Male - Age 30||Male - Age 40||Male - Age 50||Female - Age 30||Female - Age 40||Female - Age 50|
|Liberty Mutual||Passport Term - Simplified Issue||$33.75||$55.13||$144.67||$25.20||$42.53||$107.78|
|Mutual of Omaha||Term Life Express||$35.96||$64.44||$139.37||$34.18||$60.88||$131.19|
|SBLI||Level Premium Term||$13.57||$19.07||$43.00||$12.02||$17.98||$34.05|
Annual Payment Discount
Payment methods available
Check; Auto bank draft (for monthly payments only); Credit card only for first payment
Is coverage available without a medical exam?
Yes, up to $250,000
What is the rule for converting the policy?
The policy is convertible up to the last 5 years of the policy term.
Is temporary coverage available?
Yes, up to the face amount applied for
Riders are additions to your overall life insurance policy that turn a basic life insurance policy into something that covers more circumstances.
Child Protection Rider
Provides life insurance coverage for all eligible children.
Disability Income Rider
If you become totally disabled as a result of a qualifying event, you will not have to pay premiums for a fixed period of time.
Accelerated Death Benefit Rider
Allows you to receive a portion of the death benefit if you are diagnosed with a qualifying terminal illness.
Accidental Death Benefit Rider
Pays an additional death benefit on top of the base policy's death benefit if the death resulted from qualifying accidental injuries.
This policy, like all term life policies offered on our site, provides life coverage for a specific period of time (the term). The key features of this policy are standard across all the term policies we offer:
The review on this page is only for this company's term life insurance products.