Insurance

We have high quality, low cost plans to meet your protection needs for today and cash accumulation needs for tomorrow.  Through The Savings Bank Life Insurance Company, SBLI, Liberty Bank is proud to be able to offer some of the best life insurance values in Connecticut.

Find out how much insurance you need.

About SBLI...

  • Founded in 1942.
  • Offers a wide range of low-cost term and permanent life plans, as well as tax-deferred annuities.1
  • Maintains one of the highest ratings possible from the insurance industry's leading authority, A. M. Best.

You’ll find a knowledgeable insurance representative at any of our conveniently located Liberty Bank branches.  For more information or a free, no obligation quote, call (800) 728-0292 or contact us and we'll have a representative contact you.

We offer the following policies:

Single Premium Whole Life Insurance

This product provides the maximum amount of tax-free estate transfer and also builds cash value over time. The interest accumulates tax-deferred and with one, single payment your beneficiaries receive a death benefit that is significantly higher than the single payment.

SuperEZ Term Life Insurance

Level term life insurance locked-in for 10, 15 or 20 years. There are NO medical exams or lab tests2 and you can apply for up to $150,000, with a simple application.  SuperEZ Term is available from age 15-60.

SuperTerm Life Insurance

You can choose Yearly Renewable Term insurance with automatic renewals each year or lock-in your rate with a Level Term policy guaranteed for 10, 15, 20, 25, or 30 years. Low cost SuperTerm Insurance is available from age 21-70 in policy sizes of $100,000 to $5,000,000.

Single Premium Children's Term Insurance

Provides protection up to age 22 for a single, one time only premium payment. It also guarantees the right to convert up to $50,000 of life insurance with no health questions to answer.

Guaranteed Golden Life Insurance

Provides life insurance for ages 50 to 80 with guaranteed acceptance. There are no physical exam requirements and premiums will never increase with age. Policy size options of $5,000, $10,000 and $15,000.

Permanent Life Coverage

Two types of Permanent Life products are available - Basic Value: offers lifetime coverage and cash value build-up at SBLI’s lowest cost; Basic Value Plus offers lifetime coverage, cash value build-up, and dividend availability. The cash value can be used for important purposes such as education and retirement.

Mortgage Life Insurance

You can cover your mortgage with SBLI Mortgage Life insurance and have the premium included in your monthly mortgage payment. Your premiums will not increase with age and coverage continues until your loan is paid off.

Mortgage Disability Insurance

A low cost way to protect your most valuable investment — your home. Your premiums will not increase with age and may be included in your mortgage payment.

TaxSaver Tax-Deferred Annuities

SBLI’s TaxSaver Tax-deferred annuities allow you to put aside cash for your retirement and pay no income tax on the interest you earn until the funds are withdrawn.

1 The products of the Savings Bank Life Insurance Company are not bank deposits; may lose value; are not insured by the FDIC; are not insured by any Federal Government Agency; and are not obligations of, nor guaranteed by Liberty Bank.

2 Qualification is based on SBLI’s underwriting review.