Liberty Mutual Life Insurance

Having a Liberty Mutual Life Insurance policy can actually save you money on your car insurance.


I'm not joking! It's surprising how many people are unaware of the fact that if they combine their life insurance plan with their Liberty Mutual auto insurance policy, they'll be eligible for a multi-policy discount and bring their rates down.


Of course, there's a lot more to buying life insurance than saving money on car insurance. :) Let's think about it a bit. Car insurance is required by law.

By purchasing at least the minimum required auto insurance, we are thinking of ourselves. We stay out of trouble, and we cover our losses in case someone hits us or we hit them.

Life insurance is different! When we purchase a life insurance policy, we don't benefit personally at all. If a claim is ever made, that means we're dead and gone and have nothing whatsoever to gain from the policy.


Life insurance is one way of providing for your loved ones after your gone. I don't necessarily think everyone has to have life insurance. It's a personal matter for each individual to consider and decide upon privately.


Maybe you've provided for your family through savings, property investments, or some other type of asset. That's really wonderful and wise of you, if you have.


But the fact is that many of us, for one reason or another, don't have that security net already in place. Liberty Mutual Life Insurance may be the right option for such a situation.  You can also check your options with some other life insurance providers just to be sure you're getting the best policy at the best price.

Liberty Mutual Insurance Options

Liberty Mutual Life Insurance is actually provided by Liberty Life Assurance Company of Boston, one of the companies in the Liberty Mutual Group.


You probably already know that there are different types of life insurance. Liberty Mutual Ins offers both Term Life Insurance and Permanent Life Insurance:

• Term Life Insurance - Term insurance is usually more affordable life insurance. You choose the length of time (term) you want the coverage, usually 10, 20, or 30 years. Your premiums and coverage are guaranteed for that length of time.
  
  
• Permanent Life Insurance - This is often called Whole Life Insurance and generally costs a bit more than term insurance, but your policy builds cash value and your premiums are guaranteed for life. Should the need arise, you can borrow against your insurance policy because you've built that value into it.
  
  There is also a Liberty Mutual Life Insurance option called Universal Life Insurance. It's similar to whole life, but has a bit more flexibility that might interest those in certain circumstances.

I'm sure you can see that having a life insurance policy in place can really make a difference to your family, particularly if you die unexpectedly.


Your loved ones will have the financial support to carry on with their lives and recover from losing you without the added burden of trying to figure out how they are going to cover the bills without your income.


And, as I mentioned earlier, if you have Liberty Mutual auto insurance you'll save at least 10 percent on your life insurance premium. :) Nice little bonus!

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