Liberty Bankers Life Insurance Review (2021)

Although Liberty Bankers has over $2 Billion in total assets, its B++ A. M. Best rating struggles to keep up with other life insurance providers. However, Liberty Bankers Life Insurance Company has excellent customer service. You won't find reliable Liberty Bankers life insurance rates online, but you can compare multiple companies in your area with our free comparison tool below.

Free Insurance Quote Comparison

 Secured with SHA-256 Encryption

Jeffrey Johnson is a legal writer with a focus on personal injury. He has worked on personal injury and sovereign immunity litigation in addition to experience in family, estate, and criminal law. He earned a J.D. from the University of Baltimore and has worked in legal offices and non-profits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman Univer...

Full Bio →

Written by

UPDATED: Jul 16, 2021

Advertiser Disclosure

It’s all about you. We want to help you make the right legal decisions.

We strive to help you make confident insurance and legal decisions. Finding trusted and reliable insurance quotes and legal advice should be easy. This doesn’t influence our content. Our opinions are our own.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about legal topics and insurance. Our goal is to be an objective, third-party resource for everything legal and insurance related. We update our site regularly, and all content is reviewed by experts.

Company Details
Address: 1605 LBJ Freeway, Suite 700
City: Dallas
State: TX
ZIP Code: 75234
Phone Number: 469-522-4400
Year Founded: 1958
AM Best Rating: B++
URL where was collected the AM Best Rating: https://news.ambest.com/newscontent.aspx?refnum=204111&altsrc=23
Lines of Insurance: Annuity, Health, Life
States Licensed To Sell Insurance In: AK, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MO, MS, MT, NC, ND, NE, NH, NM, NV, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VI, VT, WA, WI, WV, WY
Type of Insurance Company: Life Insurance Company
Parent Company: Heritage Guaranty Holdings, Inc.
Top executive Contact: Jeff Sams
Title of Top executive: President
Assets & Premiums:

$2.04 Billion in Total Assets / $330.21 Million in Direct Premiums & Deposit-Type Contracts

Insurance subsidiaries:
  1. The Capitol Life Insurance Company
  2. Mid-Continent Preferred Life Insurance Company Inc.
  3. American Benefit Life Insurance Co
  4. American Reserve Service Corporation
  5. LBL Life Insurance Corporation
Company Rating 0 (0 reviews)

Liberty Bankers Life Insurance Company is one of the few insurance providers that’s overshadowed by the top life insurance companies in the United States.

The Texas-based company has over $2 billion in total assets, but there’s not much information on how much you’ll pay for Liberty Bankers life insurance rates.

Don’t worry — we’re here to help. Our Liberty Bankers life insurance guide explains everything you need to know about Liberty Bankers life insurance quotes, third-party ratings, life insurance products, and history.

Why stop at Liberty Bankers Life Insurance Company? Enter your ZIP code in the free online quote tool above and compare multiple companies near you.

What are insurance products available at Liberty Bankers Life Insurance Company?

Before you buy Liberty Bankers life insurance policies or retirement plans, you should know more about what the company offers. Here’s a list of available products at Liberty Bankers.

  • Annuities
  • Liberty Legacy
  • Medicare Supplemental Insurance
  • Supplemental Health Insurance
  • Final Expense Life Insurance
  • Home Service
  • Preneed Life Insurance

Annuities are retirement opportunities, but they usually cost hundreds per month to maintain. Medicare and health supplement insurance help when your health insurance won’t cover specific medical procedures or medications.

Finally, Liberty Bankers life insurance policies are permanent life insurance policies that target expenses after a person has passed. However, Home Service provides a personal touch to policyholders who can’t make it to Liberty Bankers locations.

Learn more about your state’s estate planning law to reassure yourself about how your death benefits and retirement.

Free Insurance Quote Comparison

Enter your ZIP code below to compare cheap insurance rates.

 Secured with SHA-256 Encryption

How much do Liberty Bankers life insurance rates cost?

Liberty Bankers Life has private insurance rates. This means you won’t be able to find a reliable sample quote across the internet.

See, life insurance rates are based on your health, age, and death benefits (coverage amount). Liberty Bankers Life Insurance Company wants to personalize your quote. Therefore, you’ll need to contact the Liberty Bankers for an accurate life insurance quote.

How can I get an affordable Liberty Bankers life insurance quote?

That depends on your age, health, and how much you need regarding coverage. You can call Liberty Bankers at 1-800-731-4300 to start the quote process.

Or you can visit https://www.lbig.com/resources/ and fill out the Liberty Bankers request form at the bottom of the web page.

Once you’ve completed it, click the green submit button, and a Liberty Bankers agent will reach out to you.

How do you file a Liberty Bankers life insurance claim?

The only way you can file a life insurance claim is by calling Liberty Bankers customer service phone number at 1-800-731-4300.

Tell the customer representative that you would like to file a life insurance claim, and they should point you in the right direction to do so.

The Liberty Bankers’ website has a few forms you can download, but those forms don’t appear to have a life insurance claim option.

It may be an even better idea to contact the Liberty Bankers agent in your area. An agent will have the necessary forms right away.

Once you get in touch with an agent, you can email or fax policy information easier.

Free Insurance Quote Comparison

Enter your ZIP code below to compare cheap insurance rates.

 Secured with SHA-256 Encryption

Does Liberty Bankers Life Insurance Company have good reviews?

Technically, yes. When you compare Liberty Bankers Life to other companies, it doesn’t measure up. How so?

According to A.M. Best, Liberty Bankers has a B++. That’s isn’t a dire financial outlook, but it doesn’t show much promise compared to competitors. Some of Liberty Bankers’ competitors have stronger financial standing and better credit ratings.

However, Liberty Bankers Life Insurance Company has an A+ under the Better Business Bureau (BBB). Although it’s not an accredited life insurance company, it has responded to all BBB ratings customer complaints.

How long has Liberty Bankers Life provided insurance?

Liberty Bankers Life Insurance Company was founded in 1958, and it’s affiliated with Liberty Life Group Trust and several other subsidiaries. Ten different annuity products or packages are available at Liberty Bankers.

However, Liberty Bankers’ strength is in its approach to life and healthcare supplement insurance.

Today, Heritage Guaranty Holdings, Inc. is the parent company of Liberty Bankers, a company with billions in assets and millions in premiums.

Liberty Bankers: What’s the bottom line?

Liberty Bankers appears to have a strong customer service base. The Home Service perk puts a personal touch on its services, which is shown in the BBB ratings.

However, the company doesn’t manage money as well as other life insurance and annuity competitors. Also, you won’t know how much you’ll pay as a client for coverage until an agent contacts you.

Now that you know more about Liberty Bankers life insurance, enter your ZIP code in the free comparison tool below to compare the best companies in your local area.

Leave a Reply

Sending

Free Insurance Quote Comparison

Enter your ZIP code below to compare cheap insurance rates.

 Secured with SHA-256 Encryption