|
1 Linscott Rd. Woburn, MA 01801 MA Tel. 781-938-3500 Toll Free 888-438-7254 Fax 781-938-3718 |
Type: Private
On the web:
http://www.sbli.com
Is it a bank? Is it an insurer? It's SBLI -- The Savings Bank Life Insurance Company of Massachusetts! Originally selling life insurance only through savings banks, SBLI now sells a variety of life insurance products and annuities directly to consumers. Its products include term life, whole life, group life, and a specialty children's life policy. Policyholders in Massachusetts account for 60% of the company's premiums, and it is the #1 writer of ordinary life insurance in that state. However, SBLI has expanded to sell its products in 24 states. It still sells through banks and has partnership agreements with several regional banking associations. SBLI was founded in 1907.
Officers:
Chairman: Gerald T. Mulligan
President and CEO: Robert K. Sheridan
SVP and CFO: James Loring
Competitors:
New York Life
Northwestern Mutual
Prudential
