Term Life

With term life insurance, you pay level premiums for the length of the term. When the term ends, so does the coverage.

Passport 10 provides coverage for a 10-year period
Passport 20 provides coverage for a 20-year period
Passport 30 provides coverage for a 30-year period

With all three, your premiums are guaranteed to remain level for the length of the term.  And all three Liberty Series Passport Term policies offer the following special features:

• A built-in guarantee that allows you to convert your policy to any permanent policy in the Liberty Life portfolio, without evidence of insurability.  That means no medical exam!  The guarantee is available for a specific time period stated in your policy.
• If you convert during the first five years, you're eligible to receive a credit toward the first-year cost of your new permanent coverage. 
• A choice of riders -- or add-on benefits -- to tailor your coverage. For example, you can choose Disability Waiver of Premium, which allows coverage to stay in place in the event of a disability.  And every policy comes with Liberty's Living Benefit, a feature that allows you to receive up to 90% of your death benefit early if the insured becomes terminally or chronically ill.¹

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Liberty Life Assurance Company of Boston, a member of the Liberty Mutual Group, issues Liberty Series Passport Term 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. Home office:  Boston, Mass.  Service Center:  Dover, N.H.

¹  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 time of application.  There will be a one-time processing fee of $100 for an accelerated benefit claim.  The amount received will be less than the amount elected because it is an early payment that is adjusted for interest, the processing fee and a portion of any contract loan balance.  Maximum benefit payable is $250,000.  Minimum $10,000 insurance must remain after accelerated payment.  Receipt of the accelerated death benefit may be taxable and may affect eligibility for public assistance programs.  You should consult your tax advisor regarding any tax implications.