Headquarters: 1 Linscott Rd., Woburn, MA 01801
www.sbli.com
Total life insurance in force as of 2009: $96.1 billion
Key officers: Robert K. Sheridan, President & Chief Executive Officer, James P. Loring, Senior Vice President & Chief Financial Officer
SBLI markets itself as the “No Nonsense Life Insurance Company” and is serious about providing life insurance products and annuities to the citizens of Massachusetts, 24 additional states, and the District of Columbia. Its main lines of coverage include term, whole, and group life as well as a specialty children’s life policy. As of 2009, the company had 348,193 policies in force.
Some quick facts about SBLI:
Louis D. Brandeis, a Boston-area lawyer and founder of SBLI, was a major advocate of life insurance and created the company in 1907 as a way to provide affordable life insurance to the average person and family. His efforts didn’t go unnoticed. He was appointed to the U.S. Supreme Court in 1916 as the first Jewish Justice.
The company recently received an “A+” (superior) financial strength rating from A.M. Best. It was the 18th straight year the company received a superior rating.
Source: Sbli.com, hoovers.com
Compiled by Life Quotes, Inc. staff
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