Life Insurance from Premium Insure Life

Why do I need a life insurance policy?

Because you want to protect your loved ones and their future. We know you can't put a dollar amount on your family, but you can ensure their future is protected. And life insurance rates are more affordable than you might think. Get a quote online or call us at 513-322-5963 and get the satisfaction of knowing your loved ones are always protected.

Life Insurance Options

We do everything we can for our loved ones, not because we have to, but because we want to. Whether you’re looking for coverage for a specific period of time or lifelong protection, with the right Life Insurance coverage, you can be happy knowing that your loved ones will be able to live out their dreams, no matter what the future holds.

Term Life Insurance And Permanent Life Insurance

Term Life Insurance from Premium Insure Life
Is Term Life Insurance Right for You? Term life insurance provides affordable coverage to meet your temporary needs. Term life insurance may be the right fit for you if you are looking for:
  • Guaranteed coverage for a specific amount of time or to cover specific financial obligations
  • Affordability and level payments that are guaranteed not to change
  • A complement to an employer's life insurance plan
  • A quick and convenient sales process for eligible customers
How It Works

You can select a coverage period of 10, 15, 20 or 30 years. You receive a guaranteed death benefit for the term you choose, and your payments are guaranteed to remain level for the length of the term. A variety of add-on benefits, also known as riders, allow you to tailor your coverage to meet your needs.

Term Insurance Policies Offered by Premium Life1:
  • Premium Series Passport 10
  • Premium Series Passport 15
  • Premium Series Passport 20
  • Premium Series Passport 30
Permanent Life Insurance

Permanent life insurance offers you lifelong protection. Find the right policy to fit your ongoing needs.

Whole Life Insurance

Whole life insurance gives you level premiums, strong guarantees, and valuable protection. It can also build cash value, which you can access through loans.

Universal Life Insurance

With universal life insurance, you get lifelong protection, cash value and flexibility. For example, with some universal life insurance policies, you have the option to change certain features of your policy, such as the level of coverage and the premium payments. If you're looking for versatility while also having long-term protection, universal life insurance may be right for you.

The Right Coverage for You

Premium Life Assurance Company offers many different coverages, so you can find the guarantees, flexibility and cash value options to fit your needs. Compare premiums, advantages and disadvantages of term, whole, and universal life insurance policies to figure out what kind of Life Insurance is right for you.

Annuities

Retirement is a new beginning. This may be a time to travel or to spend more time with family. For others this may be the time to go out and make a difference in the world.

No matter what you choose to do after retirement, with the right plans in place, you can rest easy knowing you have guaranteed income for your retirement years. With the security of a fixed annuity as part of your retirement plans, you can benefit from the safety of knowing funds will be there.

Make the most of your retirement.

What is a Fixed Deferred Annuity?
Not sure what a fixed deferred annuity is or how it can help you save for retirement? Here's a good place to start.
  • Protection for your retirement savings.
  • A fixed deferred annuity is designed to help you accumulate funds for your retirement.
  • You purchase a fixed deferred annuity with either a single payment or a series of payments. Your money earns interest at a fixed rate that will never drop below a minimum rate guaranteed by the issuing company. That makes a fixed deferred annuity a good option for accumulating funds for retirement.
  • Meanwhile, your money grows tax deferred, which means you don't pay taxes on your earnings until you withdraw money from your annuity. The taxes you would normally pay on interest earnings stay in your annuity and compound to help the value of your account grow faster.
  • Many annuities provide access to your money through penalty-free withdrawals. And, when you choose, you can turn the value of your annuity into a stream of income that will last as long as you live.
  • If you're looking for a way to protect your retirement savings and want to avoid investments tied to the stock market, a fixed deferred annuity may be the right choice for you.
  • Learn more to help you decide if a fixed deferred annuity fits into your retirement plans.
Annuities Made Easy
Not sure what a fixed deferred annuity is or how it can help you save for retirement? Here's a good place to start.
  • Protection for your retirement savings.
  • A fixed deferred annuity is designed to help you accumulate funds for your retirement.
  • You purchase a fixed deferred annuity with either a single payment or a series of payments. Your money earns interest at a fixed rate that will never drop below a minimum rate guaranteed by the issuing company. That makes a fixed deferred annuity a good option for accumulating funds for retirement.
  • Meanwhile, your money grows tax deferred, which means you don't pay taxes on your earnings until you withdraw money from your annuity. The taxes you would normally pay on interest earnings stay in your annuity and compound to help the value of your account grow faster.
  • Many annuities provide access to your money through penalty-free withdrawals. And, when you choose, you can turn the value of your annuity into a stream of income that will last as long as you live.
  • If you're looking for a way to protect your retirement savings and want to avoid investments tied to the stock market, a fixed deferred annuity may be the right choice for you.
  • Learn more to help you decide if a fixed deferred annuity fits into your retirement plans.
Annuity Product Comparison

This overview of annuity products can help you determine what might be the right choice for you.

Single Premium Deferred Annuity (SPDA)

With just one lump-sum premium payment, a single premium deferred annuity can provide a guaranteed stream of income for your retirement years.

One payment—a lifetime of guarantees.

With a Single Premium Deferred Annuity (SPDA), you make just one lump-sum premium payment in exchange for a guaranteed stream of income for your retirement years. Here is a brief overview of a SPDA:

A SPDA is funded by one payment.
  • With a deferred annuity, you get the power of tax deferral, which means your annuity value earns interest that won't be taxed until it's withdrawn.
  • As the interest accumulates, it in turn earns interest, compounding the growth each year.
  • You decide the period of time over which you wish to receive payouts from the annuity.
Flexible Payment Deferred Annuity (FPDA)

A flexible payment deferred annuity offers you guaranteed retirement income options, with the convenience of choosing when and how much you contribute, within certain guidelines.

Adjustable features for your changing needs

If you are looking for guaranteed retirement income but don't have a large amount of accessible cash, a Freedom Series Flexible Payment Deferred Annuity (FPDA)1 from Liberty Life may be right for you. Here is a brief overview of an FPDA:

  • An FPDA is funded by periodic payments made annually, semi-annually, quarterly or monthly
  • You decide how often you want to make the payments
  • Because FPDA payments are made over time, each payment has its own associated interest rate
  • The growth on an FPDA is tax deferred
  • You decide the period of time over which you wish to receive payouts from the annuity
  • A $30 contract fee will be assessed after the fifth contract year if the account value is under $5,000
  • A Liberty Mutual agent can help you determine if an FPDA is right for you.