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 Savings Bank Life Insurance Company

The Term Life Insurance Rate Company offers life insurance quotes from highly rated life insurance companies including Savings Bank Life Insurance Company. To get a quote from Savings Bank Life Insurance Company and to compare rates click here.

Savings Bank Life Insurance Company

Address 1 One Linscott Road
Address 2  
City Woburn
State MA
Zipcode 01801
Telephone Number 781-938-3500
Fax Number  
Web Address http://www.sbli.com
 

Providing Life Insurance since 1907

We're committed to providing value, quality, and stability you can count on. SBLI has the largest amount of life insurance In Force in the state of Massachusetts. We’ve continually expanded our product offerings. SBLI insurance products are now available to consumers in Connecticut, Maine, New Hampshire, New Jersey, Pennsylvania, Rhode Island, and Virginia.

A History of Growth

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 Savings Bank Life Insurance to accomplish this objective. Today, we still sell life insurance through many banks. However, we have also been selling our products directly to the consumer for over ten years now. Most importantly, we have never wavered from our dedication in providing safe, low cost life insurance for our policyholders.

1907--SBLI was established
1930--$100 million of life insurance In Force
1953--assets reached $100 million
1964--$1 billion of life insurance In Force
1998--assets passed $1.2 billion
1998--over $20.1 billion In Force
1999--$27.0 billion In Force
2000--assets passed $1.3 billion
2001--$38.6 billion In Force
Today, SBLI has over $100 billion in force and the largest amount in net growth of ordinary life insurance In Force* in Massachusetts of any single life insurer. (Click on any chart for a larger view.)


Insurance Rating Agency Insurance Rating Category Insurance Rating
A.M. Best Financial Strength A+ Superior
Standard & Poors Financial Strength NA
Moody's Financial Strength NA
Duff Phelps Claims Paying Ability NA
 


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Savings Bank Life Insurance Company