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  • SBLI in the News
  • October 21, 2008 | Wicked Local
    SBLI head named to U-Mass Building Authority
    Robert K. Sheridan, president and CEO of Woburn-based The Savings Bank Life Insurance Company of Massachusetts (SBLI), has been selected to lead the University of Massachusetts Building...


    October 08, 2008 | Insurance News Net
    Insure.com: No Better Time to Buy Life Insurance to Protect Your Family FinanciallyLoading...
    DARIEN, Ill., Oct. 7 /PRNewswire-FirstCall/ -- Insure.com, Inc. (Nasdaq: NSUR) today announced that term life insurance rates have again fallen to all-time...


    October 07, 2008 | Boston Herald
    Tedy Bruschi ups ad deal
    [team stats] linebacker Tedy Bruschi [stats] is sticking with the . team. Bruschi and SBLI re-upped the pitchmans contract, which began in September 2007, for another two...


    October 06, 2008 | Forbes.com
    Acxiom(R) brings big business marketing solutions to growing companies
    Acxiom(R) Corporation (Nasdaq: ACXM) is opening new doors for companies in a broad range of industries to address marketing challenges through a cost-effective customer and prospect database solution, Acxiom MarketEdge-X(TM)...


    October 06, 2008 | Wicked Local
    Housing group names center after SBLI president
    BOSTON The Massachusetts Affordable Housing Alliance (MAHA) recently dedicated its new home ownership center in Dorchester to Robert K. Sheridan, president and CEO of Woburn-based The Savings Bank Life Insurance Company of Massachusetts, and his wife, Jean OHara Sheridan, at MAHAs Raise the Roof.


    September 26, 2008 | Patriot Ledger
    Mass. Affordable Housing Alliance names new building after SBLI CEO Bob Sheridan
    Upon learning that the Massachusetts Affordable Housing Alliances new home ownership center in Dorchester would be named after him and his wife, Bob Sheridans reaction was sheer...


    July 08, 2008 | Wicked Local
    Holland passes pigskin with Bruschi
    Last week at Gillette Stadium, the Savings Bank Life Insurance Company held a kids football clinic with Tedy Bruschi. At this clinic the children had the opportunity to experience being a member of the New England...


    March 14, 2008 | Kiplingers Personal Finance
    Investing: Life Insurance
    Its so easy to defer taxes through IRAs, 401(k)s and the like that you can forget that cash-value life insurance used to be one of the best ways to shelter compounding earnings......One of the best whole-life deals is from SBLI, better known for selling term insurance at savings banks but now a rapidly expanding full-line life insurer.


    February 16, 2008 | Washington Post
    Beware the Last Hour of the Trading Day
    Life would be calmer if some higher power would herd all the portfolio managers and hedge fund jockeys into a holding tank with no access to computers or trading desks for the final hour of Wall Street action.


    February 01, 2008 | BostonHerald
    Transactions
    The Center for Women & Enterprise has expanded on providing technology skill-building workshops that help women at every stage of business development, thanks to a $90,000 grant from Microsoft Unlimited...
    About Us

    Providing life insurance since 1907

    The Savings Bank Life Insurance Company of Massachusetts is 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 Arizona, California, Colorado, Delaware, District of Columbia, Georgia, Illinois, Indiana, Maine, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, North Carolina, Ohio, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Vermont, Virginia, and West 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 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.
    • 2006 -- Company record set for first year premium.
    • 2007 -- Exceeded $2 billion in total assets for the first time.
    • 2008 -- Expanded coverage into 24 states and the District of Columbia.

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