SBLI Savings Bank Life Insurance Company of Mass

In 1907, founder, 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. 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 -- Over $20 billion in force
• 2000 -- Assets passed $1.3 billion
• 2003 -- Over $50 billion in force
• 2004 -- Annuity consideration grew to $55M
• 2005 -- Record sales results achieved; $9.7 billion in New Ordinary Life Issued.
  
  

Financial Strength Ratings

SBLI has consistently achieved high ratings from the nation's leading rating services, which measure an insurance company's financial strength, claims-paying ability, and its ability to meet obligations to its policyholders.