Despite best-laid plans, life sometimes takes us by surprise. If your situation changes and you need your money back, Liberty Bankers offers multiple ways to access your policy value.
Accelerated Death Benefits
We understand how devastating a diagnosis of terminal or chronic illness can be for you and your family. In these cases, you can receive a portion of your death benefit at no additional cost. See your policy for additional details including state variations, fees, limitations and exclusions, as well as definitions for terminal and chronic illness.
Policy loans of any amount up to the cash value are available at any time.
At any time, you can decide to cash out your policy for guaranteed cash values, which increase tax-deferred each year. The cash surrender value may be less than the premium paid, however, depending on when the policy is surrendered.
If your financial situation changes unexpectedly, annuitizing your surrender proceeds can help protect your future income stream. This allows you to convert the value of the surrender into regular income payments for a specified number of years.
We offer a 30-day free-look period in which you can receive the full return of your premium with no penalties or fees.
Let’s plan for the future together.
Just reach out with the form below or give us a call at 800-731-4300.