Solutions To Your Meet Your Needs
The best way to identify an insurance or financial product to meet your needs is to meet with a professional independent agent, such as those affiliated with Liberty Assurance Group.
Send us an e-mail or call us toll free at (888) 524-4621. Please describe the nature of your inquiry and need. We'll refer you to an agent, licensed in your state, who can help.
Through the independent agents affiliated with us, Liberty Assurance Group presently covers the states of Alabama, Arkansas, Louisiana, Mississippi, and Tennessee. If your residence (or business in some cases) is located outside of these states, we regret that we cannot be of service to you at this time.
We're open Monday through Friday from 8:00 a.m. to 6:00 p.m. (Central Time).
Annuities, Retirement Plans, & Rollovers
Under present tax treatment, all annuities accumulate wealth on a tax-deferred basis. This feature means that your wealth grows faster than it otherwise would.
Annuities may be tax qualified, tied to an IRA for example. Annuities may be used as a retirement plan, and generally funds in existing retirement plans, including 401's, may be transferred or "rolled over" into an annuity.
Annuities may be non-qualified. Funds transferred into an annuity from a checking or savings account are examples of non-qualified funding sources.
There are several types of annuities, such as the following:
- single premium or multiple premium,
- immediate or deferred,
- fixed or variable.(1)
Equity indexed annuities are a type of fixed annuity.
Click here for more information on annuities.
Asset Transfers & Estate Planning
A good man leaveth an inheritance to his children's children: and the wealth of the sinner is laid up for the just. (Proverbs 13:22)
Estate planning involves more than avoiding taxes. It's about ensuring the quality of your family's financial future after you're gone. It's about continuing the legacy of your business pursuits. It's about making your hard work count for something many years into the future.
Life insurance is often involved in transferring assets to future generations. Often, life insurance is used to pay estate taxes and provide immediate cash to your heirs, but it can also be used to transfer a portion of your wealth, itself.
Click here for more information on asset transfer and estate solutions.
Business & Workplace Insurance
Do you need group major medical health insurance, or just supplemental health insurance? Will it the coverage be payroll deducted or paid in full by the company? Do you need life insurance to help replace that key person that your company depends upon? How about a buy-sell agreement, or long term care insurance?
Click here for more information on business and workplace solutions from the National Association of Insurance Commissioners.
Life Insurance
Your need for life insurance varies with your age and responsibilities. It is a very important part of financial planning. There are several reasons to purchase life insurance. You may need to replace income that would be lost with the death of a wage earner. You may want to make sure your dependents do not incur significant debt when you die. Life insurance may allow them to keep assets versus selling them to pay outstanding bills or taxes. (2)
Health Insurance
The cost of health care has risen drastically over the past few decades. If you do not have medical insurance to help pay bills, a serious injury or illness can be financially devastating to you and your family. If you don't have coverage you can be exposed to high health care bills; or, if you have too little or the wrong kind of coverage, you won't have enough protection. (3)
Health insurance solutions include:
- Major Medical Plans, including
- Indemnity plans
- Preferred Provider Organization plans
- Health Maintenance Organization plans
- Point of Service plans
- Limited Benefit
Plans, including
- Basic Hospital Expense coverage
- Basic Medical-Surgical Expense coverag
- Hospital Confinement Indemnity coverage
- Accident Only coverage
- Specified Disease coverage, such as cancer, heart attack, or stroke
- Other Limited coverage, such as dental and vision
- Additional Coverage, including
1. "Buyer's Guide to Fixed Deferred Annuities" (revised February 2002) National Association of Insurance Commissioners as advertised on their Internet site at "www.naic.org" on November 1, 2008.
2. "Who Needs Life Insurance?" National Association of Insurance Commissioners as published on their Internet site at "www.naic.org" on November 1, 2008.
3. "Why Should I Have Health Insurance?" National Association of Insurance Commissioners as published on their Internet site at "www.naic.org" on November 1, 2008.
4. "What Types of Health Insurance Are Available?" National Association of Insurance Commissioners as published on their Internet site at "www.naic.org" on November 1, 2008.