Underwritten by the Savings Bank Mutual Life Insurance Company of Massachusetts (SBLI), our Retail Level Term product is data-driven instant issue life insurance, providing essential coverage for your clients, without added extras.
Providing a benefit amount between $25,000 to $1,000,000 with no need for a medical exam. This means that your clients, if approved, can get the essential coverage they are looking for.
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 plus 1 nicotine
Accelerated death benefit rider - providing early access to a portion of the death benefit if the insured is diagnosed with a terminal illness