Underwritten by the Savings Bank Mutual Life Insurance Company of Massachusetts (SBLI), Assure Level Term is a data-driven instant issue product designed with more options for your clients and higher compensation for you – perfect for brokerage agents.
Benefit Amount - $100,000 to $1,000,000
$1000000
$100,000 to $1,000,000
30
10, 15, 20, and 30 year terms
60
18 to 60
Fast and convenient, data driven underwriting process with a decision in minutes and policies issued instantly.
No medical exam, no personal health information or attending physician’s statement.
Level premium varies by issue age, gender, smoker status, term duration, rate class, and coverage amount.
5 rate classes: 4 non-nicotine, 1 nicotine
Charitable giving, unemployment waiver of premium rider, accelerated death benefit rider, children’s level term rider, and accidental death benefit rider.
Conversion to either a whole life or a universal life policy at any point prior to the earlier of attained age 70, or the end of the level term period. Conversion to universal life is only allowed on face amount greater than or equal to $100,000.
For the education of producers/brokers only. Not for use with the public. The Savings Bank Mutual Life Insurance Company of Massachusetts. Woburn, MA. NAIC #70435. Products and features may not be available in all states. © 2023 All rights reserved. 23-4057 3/23
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