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Savings Bank Mutual Increases No-Exam Underwriting to $750,000

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Effective October 15, 2020, Savings Bank Mutual Life (SBLI) increased the maximum face amount for their unique Accelerated Underwriting process, which is guaranteed for anyone ages 18-60, from $500,000 to $750,000 all risk classes. The process is available on all SBLI term and whole life insurance products and provides expedited underwriting with no in-person contact to maximize social distancing.

Earn Some Extra Cash from Savings Bank Mutual Life

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Submit at least three term or whole life cases, each with a $500 minimum annual premium, between December 1, 2017, and January 31, 2018, and paid for by March 9, 2018, to be eligible for the bonus program. For every qualified term or whole life policy that meets the above requirements, including the first three, you will earn:

  • $100 Amex Gift Card for each policy with a face amount less than $1,000,000
  • $150 Amex Gift Card for each policy with a face amount equal to or more than $1,000,000

Restrictions apply, click here for complete details.

 

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