Last updated July 22, 2009
In 1907 Louis D. Brandeis, a prominent Boston attorney, recognized a need for low cost life insurance. His idea was to have savings banks in Massachusetts offer life insurance, and he established the savings bank life insurance system to accomplish this objective. To this day, the company is dedicated to providing safe, low cost life insurance to their policyholders.
SBLI offers a variety of life insurance types and coverage options such as term, whole, and children’s life.
SBLI’s term life Insurance provides:
SBLI’s whole life insurance policy provides:
SBLI’s children’s life insurance provides benefits above and beyond what a basic life insurance policy would offer. It is low-cost life insurance designed specifically for the needs of children and their caregivers.
Contact SBLI at:
One Linscott Road
Woburn, MA 01801
Telephone: (800) 694-7254
Sources: “Our History”, SBLI web site, 2009; “Contact Us”, SBLI web site, 2009; Life Insurance basics, SBLI web site, 2009.