SBLI Acquires LegacyShield®

SBLI (The Savings Bank Mutual Life Insurance Company of Massachusetts) announces that it has acquired LegacyShield, a state-of-the-art, integrated, consumer-centric platform that helps people store, organize and share all of lifes most important information when their loved ones need it most.

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Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
Wednesday, August 4, 2021
Information
Tags: 
Banking, Professional Services, Insurance, Finance, Companies, Insurance, Mutual Life Insurance Company, The Savings Bank, ING Group, Finance, Financial services
Geotags: 
United States, Massachusetts
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Summary
Key Points: 
  • SBLI (The Savings Bank Mutual Life Insurance Company of Massachusetts) announces that it has acquired LegacyShield, a state-of-the-art, integrated, consumer-centric platform that helps people store, organize and share all of lifes most important information when their loved ones need it most.
  • SBLI invested in LegacyShield in 2017, and since then offered its customers a free subscription to a secure digital tool that features unique, easy-to-use services that help create and provide access to their legacy:
    Create documents for an estate plan, including will, power of attorney, HIPAA authorization, and advance directive
    After a long and fruitful partnership with LegacyShield, we are pleased that they have become part of SBLI, said SBLI President and CEO James Morgan.
  • LegacyShield helps by organizing otherwise confusing documents and materials for those trying to sort out an estate at a difficult time.
  • For nearly 115 years, SBLI (The Savings Bank Mutual Life Insurance Company of Massachusetts) has specialized in providing hassle-free, affordable life insurance.


SBLI (The Savings Bank Mutual Life Insurance Company of Massachusetts) announces that it has acquired LegacyShield®, a state-of-the-art, integrated, consumer-centric platform that helps people store, organize and share all of life’s most important information when their loved ones need it most. Included in the acquisition is Link by LegacyShield, a dynamic B2B platform that provides a digital toolkit for SBLI’s distribution partners to connect and collaborate with their customers more effectively.

SBLI invested in LegacyShield in 2017, and since then offered its customers a free subscription to a secure digital tool that features unique, easy-to-use services that help create and provide access to their legacy:

  • Safely store documents, final wishes, family photos, and more
  • Consolidate all financial accounts in one convenient dashboard
  • Create documents for an estate plan, including will, power of attorney, HIPAA authorization, and advance directive

“After a long and fruitful partnership with LegacyShield, we are pleased that they have become part of SBLI,” said SBLI President and CEO James Morgan. “Our job at SBLI is to protect families. Providing affordable, dependable life insurance is only part of the solution. The other part is making sure families receive the benefits they are entitled to. LegacyShield helps by organizing otherwise confusing documents and materials for those trying to sort out an estate at a difficult time.”

About SBLI

For nearly 115 years, SBLI (The Savings Bank Mutual Life Insurance Company of Massachusetts) has specialized in providing hassle-free, affordable life insurance. Whether it be term life, whole life or a plan that combines the two, we offer dependable protection at a fair price.

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