SBLI (Savings Bank Life Insurance) was founded in 1907 by future Supreme Court Justice Louis Brandeis. Through savings banks, Brandeis wanted to give families a low-cost, trustworthy alternative for life insurance at a time of distrust in the insurance industry. While SBLI has grown into one of the nation’s leading life insurance companies, Brandeis’ founding mission remains: to offer affordable, dependable life insurance to all who need it.
Products
Range of Guaranteed Level Term Options to help agents and their clients. Committed to delivering affordable protection and convenience to meet the diverse needs of today’s families.
Product design options include 10, 15, 20, 25 and 30 years.
Risk classes include non-nicotine (Preferred Plus, Preferred, Select, Standard) and nicotine (Preferred, Standard).
Underwriting Process
Fast and convenient Accelerated Underwriting process, for face amounts $100k-$500k and for ages 18-60. It’s underwritten with a short telemed exam.
Highly competitive Traditional Underwriting process, for face amounts above $500k and for all ages, is underwritten with a traditional paramedical exam.
Accelerated Death Benefit Rider is automatically included at no additional cost. It provides early access to a portion of the death benefit if the insured is diagnosed with a terminal illness.
Conversion option to a whole life policy is available at any point prior to the earlier of attained age 70 or the end of the level term period.*1
