Savings Bank Life

Savings Bank Life Insurance Company of Massachusetts was founded in 1907 by Louis D. Brandeis, a prominent Boston attorney, with a concept of selling life insurance through savings banks in Massachusetts. Today, the company offers its products through savings banks as well as directly to consumers in 39 states including District of Columbia. Savings Bank Life Insurance offers a variety of life insurance and annuity products and has the largest amount of life insurance in force in the state of Massachusetts. The products offered by Savings Bank Life Insurance are: Life Insurance: Offers term life plans that provide protective cover for a specified period and whole life insurance plan that gives insurance protection and accumulates cash surrender value. Children's Life Insurance: A combination of term and whole life policies designed specifically for the needs of children and their caregivers. Fixed Annuities: Traditional fixed annuities that offer tax deferred growth until withdrawal and guaranteed interest rates for a specified period. Income Annuities: Single Premium Immediate Annuity that can be purchased with a single payment and provide regular income at specified intervals.
Savings Bank Life Product Reviews
Products Offered

General Information
TypeInsurance Company
Contact Information
AddressOne Linscott Road
Woburn, MA 01801

Information & Articles about Savings Bank Life

While efforts are made to keep information on this page accurate and updated, the information shown on this page may be variable or out of date. Always check the issuing company's website or other public data listings for the latest information applicable to you as actual information may vary.