Liberty - Products

Liberty - Life Cover Estimate

Types of Liberty - life insurance

Life Cover
Life Cover pays your beneficiaries a lump sum benefit if you die. The Liberty Life Cover includes a Terminal Illness benefit. This means you can choose to have 100% of your Life Cover paid out on diagnosis of a terminal illness if life expectancy is less than 12 months. After the 100% payout the Life Cover benefit ceases.

Renewable Life Cover
Renewable Life Cover pays your beneficiaries a lump sum benefit if you die. Your contributions are guaranteed for 15 years, which means your contributions will not increase during that period. After 15 years, at the Guarantee Review Date, you have two options:

1. Renew your Life cover at an increased contribution without underwriting, or
2. Maintain your current contribution but reduce the amount of Life cover.

Life Cover and contributions are guaranteed for another 5 years until the next Guarantee Review Date. This process is repeated every 5 years.

Age Rated Premium
Under the Age Rated Contribution Pattern, the Contribution at each age is guaranteed to remain unchanged from that quoted at inception of the Contract (unless the selected cover changes) for the first ten years following the Commencement Date, until the First Contribution Review Date. In simple terms, your contribution will be increased annually by the rate applicable to your age. The details of this are available on the official Liberty FAIS Compliant quote.

Level Premium Pattern
The Contributions quoted at inception of the contract for all the benefits on the Level Contribution Pattern are guaranteed to remain unchanged (apart from the Automatic Contribution Increases if selected and unless the selected cover changes) for the first 10 years following the Commencement Date until the First Contribution Review Date.

Take Action
All you need to do is complete our online Liberty life insurance quote form above, and you could get a Liberty Life Cover Plan in action before the next month starts. Either way, you can expect a call from one of our trained Financial Advisors. They will be in contact, and can answer any questions you may have and finalise the necessary information. Our consultants are not simply call centre staff, but trained Financial Advisors who can give you advice when needed.