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SBLI, MTA Put Educators at Head of the Class

Life insurer to offer unique, low-cost insurance product to Mass. educators.

Woburn, MA (PRWEB) December 23, 2008 -- The Savings Bank Life Insurance Company of Massachusetts (SBLI) and MTA Benefits, Inc., today introduced SBLI Term Advantage, a unique term life insurance product designed specifically for members of the Massachusetts Teachers Association (MTA). The product will be available for purchase beginning on January 2, 2009.

Through SBLI Term Advantage, MTA group members will have exclusive access to the lowest term rates SBLI offers and will also receive SBLI's signature "no nonsense" service, which includes free, no-obligation quotes and free advice from SBLI insurance professionals.

"We are very excited to partner with SBLI to provide our 107,000 members with the very best in family protection," said Constance T. Dery, president of MTA Benefits, which is a subsidiary of the MTA. "Throughout its century-long history, SBLI has stood by the community and its customers with an unwavering commitment to low-cost, high-quality insurance."

SBLI will place advertisements in the MTA's news magazine, MTA Today, and participate in MTA's traditional and e-marketing programs to promote the product, Dery said. The company is also planning to introduce a scholarship for the MTA.

"SBLI is proud to offer MTA members this customized product," said SBLI President and CEO Robert K. Sheridan. "Times are tough, but thanks to our financial stability, we are able to offer members one of the few investments their families can count on these days -- term life insurance from SBLI."

About the Massachusetts Teachers Association:
The Massachusetts Teachers Association is a member-driven organization, governed by democratic principles, that accepts and supports the interdependence of professionalism and unionism. The MTA promotes the use of its members' collective powers to advance their professional and economic interests. The MTA is committed to human and civil rights and advocates for quality public education in an environment in which lifelong learning and innovation flourish.

Conceived by U.S. Supreme Court Justice Louis D. Brandeis, Savings Bank Life Insurance was established in Massachusetts in 1907. SBLI's products are now available through 200 financial institutions in New England; the Massachusetts and New Hampshire Societies of CPAs; and AAA Southern New England, AAA Merrimack Valley, and AAA Pioneer Valley.

In addition, the company's products are offered to New Jersey residents through members of the New Jersey League of Community Bankers; to consumers in Virginia through an alliance with the Virginia Bankers Association; and to consumers in Tennessee through an alliance with the Tennessee Bankers Association. It is also endorsed by the Massachusetts Bankers Association.

Consumers may also deal directly with The Savings Bank Life Insurance Company of Massachusetts in Arizona, California, Colorado, Delaware, the District of Columbia, Georgia, Illinois, Indiana, Maine, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, North Carolina, Ohio, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Vermont, Virginia, and West Virginia.

The Savings Bank Life Insurance Company of Massachusetts is in no way affiliated with SBLI USA Mutual Life Insurance Company, Inc. For more information on The Savings Bank Life Insurance Company of Massachusetts, visit www.sbli.com or call 1-888-GET-SBLI.

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Matt Parquette
Savings Bank Life Insurance
508-620-6664
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