Jeffrey Johnson is a legal writer with a focus on personal injury. He has worked on personal injury and sovereign immunity litigation in addition to experience in family, estate, and criminal law. He earned a J.D. from the University of Baltimore and has worked in legal offices and non-profits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman Univer...

Full Bio →

Written by

Benjamin Carr was a licensed insurance agent in Georgia and has two years' experience in life, health, property and casualty coverage. He has worked with State Farm and other risk management firms. He is also a strategic writer and editor with a background in branding, marketing, and quality assurance. He has been in military newsrooms — literally on the frontline of journalism.

Full Bio →

Reviewed by Benji Carr
Former Licensed Life Insurance Agent

UPDATED: Jun 28, 2021

Advertiser Disclosure

It’s all about you. We want to help you make the right life insurance coverage choices.

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 top life insurance 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 Facts of Life
  • When comparing Liberty Bankers vs. Prosperity Life, Liberty Bankers has more affordable rates than Prosperity Life
  • Prosperity Life has a higher A.M. Best rating than Liberty Bankers
  • Both Liberty Bankers and Prosperity offer a wide variety of life insurance options to choose from


With so many life insurance providers and policies to choose from, landing on the best life insurance companies for you and your needs is challenging. So we created for you this Liberty Bankers vs. Prosperity Life insurance review to ease your search process.

Keep reading to learn more about Liberty Bankers vs. Prosperity Life insurance companies, including rates, policies, ratings, Liberty Bankers life reviews, and more.

Before we dive deeper into this Liberty Bankers vs. Prosperity Life insurance review, enter your ZIP code into our free and helpful tool above to find the most affordable life insurance quotes in your area.

Liberty Bankers vs. Prosperity Life: Which company offers more affordable rates?

One of the best places to begin comparing life insurance companies is their rates. A life insurance company’s rates help you to decide whether or not the coverage offered to you is worth the amount you will spend every month.

Because life insurance companies offer different products to different demographics, each one’s rates differ.

Fortunately, both Liberty Bankers and Prosperity Life offer burial and final expense insurance coverage, making it easier for you to find affordable Liberty Bankers or Prosperity Life insurance rates that work for you.

The following table includes Liberty Bankers’ insurance rates for a burial and final expense life insurance plan valued at $20,000 for 50 to 80-year-old non-smoking men and women.

Liberty Bankers Monthly Burial & Final Expense Life Insurance Rates ($20,000) for Non-Smokers
Age of InsuredMaleFemale
40$39.28$35.48
45$47.12$41.63
50$56.39$46.51
55$68.95$56.17
60$86.97$64.71
65$107.26$80.99
70$141.99$104.95
75$195.67$147.78
80$288.97$213.69
Get Your Rates Quote Now
Compare RatesStart Now →

Similarly, look at the table below to see what you can expect to pay in burial and final expense premiums with Prosperity Life.

Prosperity Life Average Monthly Monthly Burial and Final Expense Life Insurance Rates ($20,000) for Non-Smokers
Age of InsuredMaleFemale
40N/AN/A
45N/AN/A
50$65.43$54.70
55$71.64$56.27
60$87.95$68.17
65$112.59$85.25
70$155.56$114.66
75$223.76$156.78
80$292.32$193.00
Get Your Rates Quote Now
Compare RatesStart Now →

After comparing these sample Liberty Bankers vs. Prosperity Life insurance quotes, you can see that Liberty Bankers’ burial and final expense insurance rates are cheaper than Prosperity Life’s.

However, cheaper rates are not always indicative of better coverage, which is why it’s important to compare more companies than just Liberty Bankers or Prosperity Life insurance.

Comparing quotes from multiple companies helps you to know which companies may be a good fit for you. To learn more about Liberty Bankers’ life insurance rates and products, read our Liberty Bankers review.

Enter your ZIP code below to compare cheap life insurance rates.

 Secured with SHA-256 Encryption

What kinds of coverage does each company offer?

In addition to their rates, another critical thing to look at when comparing insurance companies is what products they offer. Some companies specialize in areas that others do not and vice versa, so understanding what you need helps you avoid overpaying for your insurance.

Liberty Bankers offers a variety of life, health, and retirement insurance plans to its policyholders, such as:

  • Final expense insurance
  • Home service
  • Pre-need insurance
  • Group annuities

Likewise, Prosperity Life specializes in a wide range of life insurance products, including:

  • Final expense insurance
  • Graded death benefit term insurance
  • Income continuation term insurance
  • Renewable & convertible term insurance
  • Simple issue term insurance
  • Whole life insurance
  • Single-premium universal life insurance

Additional Prosperity Life insurance products include supplemental health insurance and annuities. As the company requires agents to use the Prosperity Life provider portal, policyholders can file claims and talk directly with a Prosperity Life agent through the company’s website.

For additional information about Prosperity Life’s various life insurance products, read at our Prosperity Life Review.

When deciding on a life insurance policy, start by looking at your needs and find a company that adequately covers those needs at a rate you can afford.

Liberty Bankers vs. Prosperity Life: Which company has better reviews?

When buying life insurance from a provider, it’s helpful to consider how well a company is rated through credible sources, like A.M. Best, which ranks companies’ financial stability.

Liberty Bankers has an A.M. Best rating of B++ (Good), while Prosperity Life Group has an A.M. Best rating of A- (Excellent). Although both companies are rated well, Prosperity Life has a higher rating for its financial stability than Liberty Bankers.

Liberty Bankers vs. Prosperity Life: the Bottom Line

Both Liberty Bankers and Prosperity Life are excellent companies with good reputations in the life insurance industry. In addition, each offers a wide variety of life insurance products from which potential policyholders may choose.

After comparing Liberty Bankers vs. Prosperity Life insurance rates, Liberty Bankers has less expensive burial and final expense life insurance rates than Prosperity Life Group.

Although Prosperity Life has a better A.M. Best rating, each company is rated well, meaning they are financially strong compared with other life insurance companies.

Now that you have read this Liberty Bankers vs. Prosperity Life insurance review, we recommend comparing them with other companies and discussing your options with an agent before deciding.

Hopefully, we’ve given you the information you need as you consider whether to buy Liberty Bankers or Prosperity Life insurance. For free, instant life insurance quotes from companies in your area, enter your ZIP code into our online tool now.