Executive Vice President of Marketing and Sales, M. Nasim Ali.Since converting to a mutual life insurance company on Jan. 1, 2000 from the Savings Banks Life Insurance system, the company has been in the process of expanding nationally and diversifying its distribution channels and products. Still, SBLI USA has remained true to the original system’s mission of making life insurance accessible and affordable to working Americans. “Centers of Influence” will remain a key feature of SBLI USA’s operations as the company continues to grow and empower a broader base of consumers.
SBLI USA’s services include Cash DeluxeSM - a single-premium, tax-deferred annuity. Through a partnership with Chela Financial, the AcademicEdge Loan offers access to a line of quality educational loans. SBLI USA is a values-based organization that blends financial strength with compassionate support for its Associates and innovations in corporate citizenship.
AIDS and breast cancer research, and provide services and food and clothing to the needy. Each year, the company holds a benefit Gala to honor its Associates, with proceeds going to a needy organization. In 2004, the company’s Gala raised $100,000 to benefit America’s Second Harvest, the nation’s largest hunger relief organization.*From 1939 to 2000, the company sold its products solely through banks as part of the Savings Banks Life Insurance system. **U.S.
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