What does SBLI mean? Read on to discover the definition & meaning of the term SBLI - to help you better understand the language used in insurance policies.
Savings Bank Life Insurance (SBLI) refers to insurance products sold by a department of a savings bank. Its founder is the Supreme Court Justice Louis D. Brandeis. Its creation was a result of the stock market crash in 1907 and the questionable practices of the insurance industry during Brandeis' time.
We hope the you have a better understanding of the meaning of SBLI.