SBLI

Best Life Insurance Plans for Women - Our Top Picks for 2024

Retrieved on: 
Tuesday, March 19, 2024

According to LIMRA, "approximately 14 percent of women – more than 20 million – lost their life insurance coverage in 2020."

Key Points: 
  • According to LIMRA, "approximately 14 percent of women – more than 20 million – lost their life insurance coverage in 2020."
  • As of 2021, only 47 percent of adult women owned life insurance – lower than the ownership rate of men, at 58 percent.
  • Female life insurance ownership has been decreasing for the last five years in a row, leaving families unprotected (Forbes Advisor, 2024).
  • Zieba offered this advice to women who are shopping for life insurance, "Female applicants can do a lot to prepare to buy life insurance.

Best Life Insurance Plans for Multiple Sclerosis (MS) Patients - Our Top Picks for 2024

Retrieved on: 
Tuesday, March 12, 2024

Michelle Zieba, Vice President of Sales, described the life insurance application process, "After receiving initial quotes, our MS customers will then be advised by our life insurance experts as to which plan is best.

Key Points: 
  • Michelle Zieba, Vice President of Sales, described the life insurance application process, "After receiving initial quotes, our MS customers will then be advised by our life insurance experts as to which plan is best.
  • A small number of people with Multiple Sclerosis experience very mild symptoms and little to no disability.
  • Zieba offered this advice to those with MS who are shopping for life insurance, "MS patients can do a lot to prepare to buy life insurance.
  • Instant life insurance quotes for those with Multiple Sclerosis of all severities are available at www.lifequotes.com .

Best Life Insurance Plans for Diabetics - Our Top Picks for 2024

Retrieved on: 
Monday, February 12, 2024

Continued Bland, "Our 50-insurer database is continually updated, which makes it a valuable resource for diabetics who are searching for the best buys in life insurance."

Key Points: 
  • Continued Bland, "Our 50-insurer database is continually updated, which makes it a valuable resource for diabetics who are searching for the best buys in life insurance."
  • Instant life insurance quotes for both type 1 and type 2 diabetics are available at www.lifequotes.com .
  • Life insurance policies described, quoted, shown and illustrated throughout this press release may not be available in all states.
  • Pacific Life Insurance Company of Newport Beach, CA, policy form P16LYT or ICC 16 P16LYT.

SBLI, Mass Youth Soccer Enter into Partnership to Support Family Wellness and Youth Soccer Development

Retrieved on: 
Wednesday, January 24, 2024

Coinciding with Mass Youth Soccer’s 50th anniversary, this collaboration designates SBLI as Mass Youth Soccer’s official life insurance sponsor and grants naming rights for Progin Park in Lancaster, Massachusetts.

Key Points: 
  • Coinciding with Mass Youth Soccer’s 50th anniversary, this collaboration designates SBLI as Mass Youth Soccer’s official life insurance sponsor and grants naming rights for Progin Park in Lancaster, Massachusetts.
  • The industry-leading, 16-field soccer complex will now bear the name “SBLI Fields at Progin Park,” marking the beginning of a multi-year partnership that will support youth soccer in Massachusetts.
  • “We are thrilled to welcome SBLI as one of our key sponsors and partners,” said David Amidon, president of Mass Youth Soccer.
  • SBLI will collaborate with Mass Youth Soccer to provide employee volunteer opportunities for member programs and events aimed at creating safe, fun, affordable, and inclusive playing environments.

Quility Bolsters Innovative Tech Offerings to Navigator Platform, Streamlining Agent Workflow and Improving Client Experience

Retrieved on: 
Tuesday, December 12, 2023

Navigator is a proprietary end-to-end digital life insurance distribution marketplace that creates a frictionless purchasing process with exclusive access to Quility's digital insurance products.

Key Points: 
  • Navigator is a proprietary end-to-end digital life insurance distribution marketplace that creates a frictionless purchasing process with exclusive access to Quility's digital insurance products.
  • "With these new product and platform enhancements, Quility Navigator's offerings are now more robust than ever before."
  • "With these new product and platform enhancements, Quility Navigator's offerings are now more robust than ever before," said Steve Fletcher, Quility President.
  • "By evolving our agent-forward tech offerings, Quility continues its commitment to bringing top-tier tools to the market."

For Estate Planning and Life Insurance, the Younger the Better

Retrieved on: 
Wednesday, October 18, 2023

People in their 20s and 30s often believe that they do not need an estate plan, much less life insurance.

Key Points: 
  • People in their 20s and 30s often believe that they do not need an estate plan, much less life insurance.
  • Whether you're just starting your adulting journey or are already well on your way, estate planning and life insurance are essential tools for safeguarding your legacy.
  • In observing National Estate Planning Awareness Week October 16-22, the National Association of Estate Planners & Councils notes that an estimated 56 percent of Americans do not have an estate plan in place.
  • Estate planning isn't just about who gets your vintage vinyl collection or that coveted gaming console.

SBLI Leads Industry Innovation, Amplifying Operational Efficiency with ChatGPT Enterprise by OpenAI

Retrieved on: 
Tuesday, October 17, 2023

SBLI (The Savings Bank Mutual Life Insurance Company of Massachusetts) announces its strategic move to utilize ChatGPT Enterprise, developed by OpenAI, an AI research and deployment company.

Key Points: 
  • SBLI (The Savings Bank Mutual Life Insurance Company of Massachusetts) announces its strategic move to utilize ChatGPT Enterprise, developed by OpenAI, an AI research and deployment company.
  • This groundbreaking deployment aims to bolster operational efficiency, foster innovation, and amplify adaptability within SBLI but also positions SBLI as the first life insurance company of its size to integrate the ChatGPT Enterprise platform.
  • “Our adoption of ChatGPT Enterprise, by OpenAI technology, signifies SBLI’s commitment to innovative solutions and operational excellence.
  • SBLI Chief Information Officer Nikolai Lukin added, “By utilizing ChatGPT Enterprise, by OpenAI, we’re not just adopting a new platform; we’re embracing a transformative approach to information technology within the life insurance industry.

AM Best Comments on the Credit Ratings of Prosperity Life Group’s Subsidiaries Following Merger Announcement

Retrieved on: 
Wednesday, October 11, 2023

The acquisition represents a continued strategy of significant expansion of Prosperity Life Group’s insurance business.

Key Points: 
  • The acquisition represents a continued strategy of significant expansion of Prosperity Life Group’s insurance business.
  • AM Best will continue to closely monitor the transaction and the impact to the operating insurance entities under Prosperity Life Group.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

LifeQuotes.com Salutes Breast Cancer Awareness Month with a Good News Survey: Life Insurance Prices for Recovering Breast Cancer Patients are Lower than Four Years Ago

Retrieved on: 
Monday, October 9, 2023

Zieba continued, "High quality life insurance coverage is often available to breast cancer survivors at very attractive rates.

Key Points: 
  • Zieba continued, "High quality life insurance coverage is often available to breast cancer survivors at very attractive rates.
  • Breast Cancer Awareness Month is a yearly campaign that intends to educate women about the importance of early screening, checkups, and more.
  • "Life Insurance Innovation" award winner... Life Insurance Direct Marketing Association
    "The premier Web site in terms of details and ease of use..." -- Yahoo!
  • Life insurance policies described, quoted, shown and illustrated throughout this press release may not be available in all states.

SBLI Maintains A- Rating for Financial Strength from S&P

Retrieved on: 
Thursday, September 28, 2023

SBLI (The Savings Bank Mutual Life Insurance Company of Massachusetts) today announced that it has been rated A- for financial strength by Standard & Poor’s (S&P) for 2023, with a stable outlook.

Key Points: 
  • SBLI (The Savings Bank Mutual Life Insurance Company of Massachusetts) today announced that it has been rated A- for financial strength by Standard & Poor’s (S&P) for 2023, with a stable outlook.
  • SBLI has received an A- financial strength rating from S&P for 13 consecutive years.
  • “The landscape of the life insurance industry has been rapidly reshaped by changes in technology, the receding COVID-19 pandemic, and new demographic and customer trends and expectations,” said Jim Morgan, SBLI president and chief executive officer.
  • “Our team’s focus at SBLI to meet that shifting landscape, in addition to our prudent management of capital, is reflected in S&P’s updated outlook and reasserted rating of our business.