Sara Routhier, Managing Editor and Outreach Director, has professional experience as an educator, SEO specialist, and content marketer. She has over five years of experience in the insurance industry. As a researcher, data nerd, writer, and editor she strives to curate educational, enlightening articles that provide you with the must-know facts and best-kept secrets within the overwhelming world o...

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Leslie Kasperowicz holds a BA in Social Sciences from the University of Winnipeg. She spent several years as a Farmers Insurance CSR, gaining a solid understanding of insurance products including home, life, auto, and commercial and working directly with insurance customers to understand their needs. She has since used that knowledge in her more than ten years as a writer, largely in the insur...

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Reviewed by Leslie Kasperowicz
Farmers CSR for 4 Years

UPDATED: Mar 4, 2021

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Advertiser Disclosure: We strive to help you make confident life insurance decisions. Comparison shopping should be easy. We are not affiliated with any one life insurance provider and cannot guarantee quotes from any single provider. Our life insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about life insurance. Our goal is to be an objective, third-party resource for everything life insurance related. We update our site regularly, and all content is reviewed by life insurance experts.

The Brief

  • Accordia Life offers universal life insurance
  • Liberty Mutual offers simplified issue insurance
  • Both are highly rated but have a high number of complaints

Accordia Life and Liberty Mutual provide affordable life insurance for customers throughout the United States.

Liberty Mutual is larger than Accordia Life, offering various types of insurance. However, Accordia Life has more life insurance options than Liberty Mutual.

Comparing Accordia Life vs. Liberty Mutual will help to determine the right life insurance company for you. The primary difference between these two companies is the types of insurance they offer.

Liberty Mutual only offers term life and whole life insurance but features a simplified application process. In addition to term and whole life, Accordia Life offers universal and indexed universal coverage.

To see how the local companies compare near you, enter your ZIP code above to get free life insurance quotes.

Accordia Life vs. Liberty Mutual: How do their ratings compare?

Accordia Life and Liberty Mutual have been rated by all of the top insurance rating agencies. This includes A.M. Best, S&P, Moody’s, Fitch, and the Better Business Bureau. The ratings between the two providers are similar, though Liberty Mutual was rated slightly higher overall.

A.M. Best, Fitch, and the Better Business Bureau gave Accordia Life an “A” rating. S&P gave the company an “A-” and Moody’s rated them an “A3.” While not the highest rating by the agencies, each of the ratings is considered strong.

A.M. Best and S&P gave Liberty Mutual Insurance an “A” rating. They were given an “A2” from Moody’s, an “A-” from Fitch, and an “A+” from the Better Business Bureau.

While all of these are strong ratings, the only agency that gave Liberty Mutual its top rating was the Better Business Bureau.

These ratings are primarily about financial strength, determining if the company can handle its financial responsibilities. The strong ratings mean that the companies will be able to provide a payout when a file is claimed, even during difficult economic times.

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Accordia Life vs. Liberty Mutual: Are there any complaints?

The Better Business Bureau (BBB) provides a list of complaints reported to them about a company. This allows potential customers to determine the quality of service that they’ll receive.

At the time of this comparison, Accordia Life has received 46 complaints over the past three years to the Better Business Bureau. Most of these complaints have been regarding their products and services or billing and collections. The remaining complaints are regarding advertising and sales.

Liberty Mutual life insurance is a part of the Liberty Mutual Group when reviewed by the Better Business Bureau.

While they are listed as having 1,000 complaints, this is largely due to the number of customers and combined services. However, the number is still considered well above average for a company of that size.

Most of the complaints are with the Liberty Mutual customer service department. Many of the complaints list receiving inaccurate information from representatives as a primary issue.

Accordia Life vs. Liberty Mutual: What policies are offered?

Accordia Life and Liberty Mutual offer term life and whole life insurance. The difference is that Liberty Mutual offers simplified versions of the two while Accordia Life offers universal options.

Accordia Life insurance features term life policies that are available in 10, 15, 20, 25, and 30-year terms. The minimum amount for this type of coverage is $50,000, less than is offered by most life insurance providers.

Accordia Life also offers permanent life options. This includes whole, universal, and indexed universal life insurance.

Each covers the remainder of the policyholder’s life but differs in the impact on premiums. Whole life premiums are fixed, universal life premiums are flexible, and indexed universal premiums have a cash value that earns interest.

Liberty Mutual only offers term life and whole life insurance. The term life offering is available for those aged between 18 and 70. Policies are available in 10, 15, 20, and 30-year terms. Payments are guaranteed to remain the same throughout the entirety of the term.

The company offers two types of term life insurance: Passport Term and Simplified Issue Passport Term.

Passport Term’s value ranges between $15,000 and $1 million, while Simplified Issue Passport Term is only up to $250,000. Additionally, Simplified Issue Passport Term only takes about 10 minutes to approve with no medical exam required.

Liberty Mutual’s whole life insurance is available for those between the ages of 15 days and 70 years. Similar to the term life offering, their whole life insurance is available up to $1 million or a simplified option that can go up to $250,000.

Accordia Life vs. Liberty Mutual: What riders are offered?

If the life insurance plan you find doesn’t cover everything you desire, you might be looking for options to add on.

Most life insurance providers offer add-on options, called riders, that can be included with your policy. Some are automatically included at no extra cost, but most are optional and can be added on for an additional premium.

Both Accordia Life and Liberty Mutual offer an accelerated death benefits rider. This allows a person with a terminal illness to access their policy before death.

While both companies offer this rider free of charge, Liberty Mutual offers it for all policies while Accordia Life only includes it with universal life coverages.

In addition to the accelerated death benefits rider, there are various optional riders available. Optional riders from Accordia Life include:

  • Primary insured
  • Additional insured
  • Guaranteed purchase options
  • Children’s insurance
  • Accidental death benefit
  • Waiver of monthly deduction
  • Waiver of a specified premium

Optional riders offered by Liberty Mutual include:

  • Accidental death and dismemberment
  • Child protection
  • Disability waiver
  • Guaranteed insurability
  • Payor death and disability

So, how do you apply?

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Accordia Life vs. Liberty Mutual: How do you apply?

Both Accordia Life and Liberty Mutual allow potential customers to apply for coverage through their website or by phone.

If you prefer, you can receive an online quote and then call the Accordia Life or Liberty Mutual phone number to speak with a representative for more information or to purchase a policy.

Liberty Mutual also has a mobile app available on any smart device. Using your Liberty Mutual login, you can access policy information, make policy changes, or make payments.

While Accordia Life doesn’t have a mobile app, it has a mobile-friendly website that allows customers to access policy information on the go.

Accordia Life vs. Liberty Mutual: History

Accordia Life and Annuity Company was created when Global Atlantic purchased Aviva USA in 2013. After rebranding the newly-acquired entity, Accordia Life became the life insurance subsidiary of Global Atlantic. Other types of insurance can be purchased by the parent company through other subsidiaries.

The Liberty Mutual Group was founded in 1912 in Boston. The Liberty Mutual life insurance company is a part of a much larger organization. One of the oldest insurance providers still in existence, the long-standing company also offers disability, auto, and home insurance.

Accordia Life vs. Liberty Mutual: The Bottom Line

Accordia Life and Liberty Mutual are highly rated but have received higher than the average number of complaints.

The primary difference when comparing Accordia Life vs. Liberty Mutual is the type of coverage offered. Those looking for a simpler application will choose Liberty Mutual while those looking for more options will be drawn to Accordia Life.

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Frequently Asked Questions

Here are the answers to some frequently asked questions about life insurance.

#1 – How do I determine whether I need life insurance?

Life insurance is for those that have people that depend on them financially. This purchase will ensure they’re taken care of when you’re no longer around.

#2 – How much life insurance should I buy?

To determine the right amount of life insurance, consider how long your dependents will need assistance. For example, if you have young children, you might want them to be covered through college.

#3 – How do I determine the right life insurance company?

The right life insurance company depends on what’s most important to you. This might be price, coverage, or customer service. Make a list of what’s important to you when comparing life insurance providers to help make your decision.

#4 – When should I buy life insurance?

While any time is a good time to buy life insurance, it’s especially important when you are just married, buy a new home, or are expecting a baby.