Don’t Miss The $3.49 5K Child Rider At Liberty Bankers Life (Review)

Though final expense life insurance is mainly marketed to seniors, some companies offer it to adults of all ages. This type of life insurance offers level coverage and premiums, plus cash value that grows with you. Rates are locked in for the rest of your life in a permanent whole life insurance policy.

If you have health challenges, it’s hard to get approved for life insurance. You may have been denied before or approved for a rate you can’t afford. If this has happened to you, don’t give up on getting great coverage that you can afford!

At Final Expense Direct, we work with many highly rated final expense companies to offer people of all ages and health statuses the chance to own affordable life insurance. We make the process easy, getting most of our clients approved for coverage in just one phone call.

One of the company’s we partner with is Liberty Bankers Life. Based right here in Texas, Liberty Bankers Life has a lot to offer God fearing Americans like yourself. If you’re looking for affordable coverage with the chance to add coverage for your children or grandchildren for less than a penny a day, keep reading to learn about Liberty Bankers Life.

Liberty Bankers Life Final Expense Insurance

Most insurance companies only offer final expense insurance to seniors 50 and older. But Liberty Bankers Life works with adults as young as 18 and as old as 80. If you’re young and healthy, you’ll get the best rates with Liberty Bankers Life, but if not, you can still get affordable coverage with this insurer.

Final expense life insurance is whole life insurance that lasts for the rest of your life. If you’re young, you’ll have the policy for a long time, so you want to work with a company that has coverage that works and grows with you.

Liberty Bankers Life Final Expense Children’s Rider

One of the best things about Liberty Bankers Life is the child and grandchild rider. Companies rarely offer these riders on final expense policies, and certainly not at the rates Liberty Bankers Life offers!

Whether you're a parent or plan to become one in the future, the children’s rider with Liberty Bankers Life is one of the best deals we’ve seen. It covers up to 8 children for one low price. For $5,000 in life insurance, you only pay $3.49 per month. You can get up to $20,000 in child coverage, so the most you’ll pay to cover up to 8 kids is $13.96 per month. 

Yes, that’s right: $20,000 in life insurance for 8 children for $13.96 per month! We don’t know anywhere else you can cover up to 8 children for that amount. Just one trip to McDonald’s for Happy Meals would cost more than that for 8 kids!

They will cover each child up to age 25. Once they reach 25, they can convert the rider amount to a policy on their own. You never know if one of your children could end up with a condition that makes them uninsurable, but with the Liberty Bankers Life children’s rider, you won’t have to worry about it because there won’t be a gap in coverage.

Liberty Bankers Life Final Expense Grandchildren’s Rider

Now, if you’re a senior looking for final expense insurance, your children are probably too old for the rider, but you can still cover your grandchildren. Just like the children’s rider, LBL will cover up to 8 grandchildren on your Liberty Bankers Life final expense policy.

The grandchild rider offers $7,500 per child for just $1.20 per month. Yes, $1.20 per month for $7,500 in life insurance coverage per grandchild!

Just like the children’s rider, they can be covered up to age 25 and then convert it to their own policy. What a magnificent gift you can give your grandchildren — and you can just keep it a secret that it costs you so little!

Liberty Bankers Life Burial Insurance

Most seniors buy final expense insurance to pay for their burial expenses, which is why it’s sometimes called burial insurance. No matter which name you prefer, they’re the same type of life insurance policy.

Whether you buy final expense insurance through Liberty Bankers Life or another of the final expense companies we partner with, you can get the coverage you need to fund the burial you want. And there’s no worry that your family won’t be able to afford it when the good Lord calls you home, because you took care of it with a final expense burial insurance policy.

Liberty Bankers Life Insurance For Seniors

Now, we know that seniors usually have health problems that make it hard to get life insurance. But getting a life insurance for seniors policy doesn’t have to be complicated. In fact, we make it easy to get covered. 

At Final Expense Direct, all you have to do is call us. We’ll ask you a few health questions to understand your health issues so we can find the right company with the best life insurance rates. 

We get almost everyone approved in just one phone call!

Liberty Bankers Life Senior Life Insurance

One reason we partner with Liberty Bankers Life for senior life insurance is because of their underwriting guidelines. They have the most lenient height and weight guidelines for all ages, so even if you’re considered obese, you’ll still probably get approved.

And if you have any of the following pre-existing conditions, not only will you get approved, you’ll get an immediate death benefit:

• COPD
• Emphysema
• Chronic bronchitis
• Peripheral vascular disease
• Peripheral artery disease
• Insulin-dependent diabetic
• Epileptic seizures
• Transient ischemic attack (TIA) or mini stroke

Most companies would decline you or severely rate the policy, which is called substandard or table rating. That means the rate will be extremely expensive. But you won’t have to worry about that with Liberty Bankers Life.

Liberty Bankers Life Funeral Insurance

Funeral insurance is also another name for final expense insurance, for the same reason burial insurance is. Funerals can be expensive. If you want a memorable final send off, it can easily cost $10,000 or more. 

Why make your family stress about paying for your funeral at a time they should be focused on grieving? Buying a final expense policy will allow them to pay for the funeral you want so they can focus on honoring and remembering your life.

Liberty Bankers Life Insurance Costs

Now, let’s talk about life insurance costs. We compared rates for a $10,000 final expense policy with Liberty Bankers Life and two other well-known competitors, AARP and Fidelity.

With Liberty Bankers Life, a 50-year-old man and woman would pay $31 and $26, respectively. The same policy with AARP would cost $33 and $28 per month. With Fidelity, rates would be even higher at $38 and $29 monthly.

At 65, rates would be $56 for the man and $43 for the woman each month. With AARP, it would cost $66 and $47 per month. And with Fidelity, they would pay $58 and $50 per month.

As you can see, Liberty Bankers Life offers competitive rates and flexible guidelines to cover most applicants. Just because a company is well known doesn’t mean they offer great pricing.

Ready to get approved for final expense insurance? Call us today at Final Expense Direct and we’ll help you find the best rates with a great life insurance company.

Conclusion

Liberty Bankers Life offers final expense insurance for adults over the age of 18 at great rates. They have some of the most lenient height/weight guidelines and offer some of the best rates on children and grandchildren riders we’ve seen on these policies. But if you’ve been hospitalized in the last year, another company would be a better fit. No matter your life insurance needs or health status, Final Expense Direct can help you find affordable life insurance.