Founded in 1907 by future U.S. Supreme Court Justice Louis Brandeis, The Savings Bank Mutual Life Insurance Company of Massachusetts (SBLI) was established with a mission to offer reliable, low-cost life insurance to working families. As a mutual company, SBLI is owned by its policyholders and is not publicly traded, allowing it to focus on providing long-term value rather than short-term stockholder gains. The company specializes in straightforward life insurance products, including term life, whole life, and final expense insurance, often with a streamlined online application process.