When Was SBI Life Insurance Started?

  1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    SBLI Life Insurance started in 1907. Boston lawyer Louis D. Brandeis helped pass Chapter 561 of the Acts of 1907, an act that allowed Savings Banks to sell life insurance in Massachusetts. The Whitman Savings Bank took up the charge by establishing the Savings Bank Life Insurance Department and SBLI was started.
    Answered on August 6, 2013
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