Single Payment Whole Life

Insurance that maximizes your legacy to loved ones

Single payment whole life insurance is coverage you buy with just one payment, and protection lasts the rest of your life.  When you purchase this type of policy, your single payment increases in value by a factor that’s based on your gender, your age and your health, resulting in a death benefit that’s larger than the original payment.  If you’re in your 50s, for example, it could be more than double.   

Because of this immediate increase – and because the resulting death benefit passes income tax-free to your beneficiaries under current tax law – this type of life insurance is a good match for people who want to transfer wealth.

For example, with Liberty Life’s Estate Maximizer II single payment whole life insurance, a 65 year-old female making a single payment of $30,000 will immediately have a death benefit of at least $57,921.¹

A 65 year-old male making a single payment of $30,000 will immediately have a death benefit of at least $51,510.¹

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Liberty Life Assurance Company of Boston, a member of the Liberty Mutual Group, issues Liberty Life’s Estate Maximizer II, a single payment interest-sensitive whole life insurance contract, on policy forms SPWL 200314 and GSPWL 200314 CE (SPWL 200314NY in New York and SPWL 200314NJ in New Jersey) and state variations identified by state code.  Home office:  Boston, Mass.  Service Center:  Dover, N.H.

¹Based on an illustrative net interest rate of 5%.  The initial death benefit will be determined by the single payment, the applicant’s age and gender, and subject to approval by Liberty Life’s eligibility requirements.