SBLI Simple Term Life Insurance

Sometimes life can throw surprises your way. One day, everything is running smoothly, and the next, you’re thinking about the “what ifs.”

If you’ve recently bought a home, started a family, or just want to make sure your loved ones are financially secure, life insurance is one of the best decisions you can make.

Let’s be honest though. Shopping for life insurance can feel overwhelming.

Complicated terms, lengthy applications, and medical exams often make people put it off. That’s why SBLI Simple Term Life Insurance takes all the guesswork out of life insurance.

Our simplified issue life insurance is easy to understand, quick to apply for, and affordable. And if you’re still on the fence, know that there are no medical exams or hidden fees.

When you choose SBLI, you’re getting simple term life insurance that’s solid, dependable, and provides coverage when your loved ones need it most.

Discover how our policy works and why it might be the right choice for you.

Why SBLI Simple Term Life Insurance?

Choosing life insurance doesn’t have to feel like a chore. With SBLI, you get a streamlined process designed to get you covered fast — often in less than 15 minutes

Here’s why many of our policyholders have chosen to simplify with SBLI Simple Term Life Insurance.

No Medical Exams Required

If the thought of scheduling a doctor’s appointment to get life insurance sounds exhausting, you’re not alone. SBLI skips the medical exam entirely. Instead, you’ll just answer a few simple health questions during the online application. That means:

• No needles, lab tests, or doctor visits.
• No waiting for test results.
• No unnecessary delays in getting your coverage.

For those in good health, this is one of the fastest ways to get life insurance.

Instant Insurance Coverage — Without the Wait

Traditional life insurance policies can take weeks or even months to process. But not with us. At SBLI, we understand that your time is valuable. That’s why you get an instant decision when you apply for our simplified issue term life insurance policy.

Here’s how it works:

• You fill out the online application.
• You answer a few health-related questions.
• You get an approval decision right away.

Your policy is activated as soon as you make your payment — no waiting, no wondering.

Flexible Coverage Amounts

Life insurance looks good when you’ve just bought it. Unfortunately, many providers will often leave some surprises like coverage limitations and additional riders and costs in the fine print. That’s where we come in.

We know that everyone’s financial situation is different. That’s why SBLI lets you choose the coverage amount that makes sense for you. Whether you’re looking for a smaller policy to cover funeral expenses or a larger one to replace lost income, there’s an option that fits.

This flexibility ensures that you’re only paying for what you need. There are no hidden surprises — just coverage that makes sense and meets your exact needs.

Fixed Payments — No Surprises

And speaking of no surprises, did we mention that our premiums don’t increase? Once you lock in your policy, your payments stay the same for the entire term.

This price stability makes budgeting easy because you’ll never have to worry about an unexpected increase in costs.

Choose a Term Length That Fits Your Life

SBLI Simple Term Life Insurance offers various term lengths, so you can pick what works best for your financial goals. Whether you need coverage for 10, 15, or 20 years[1], there’s an option that aligns with your stage in life.

Think of it like this:

• A young parent might want a longer term to protect their kids until they’re financially independent.
• A homeowner with a mortgage might choose a term that matches their loan payoff schedule.
• A business owner might want coverage to protect their company during key growth years.

No matter your situation, SBLI has a term length that makes sense.

Who Needs SBLI Simple Term Life Insurance?

We can all agree that there is always a time to buy life insurance. However, not everyone has the same coverage needs, which is why we recommend our simplified issue term life insurance for certain people.

If you’re any of the following, our simple term life insurance may just be the right policy for you:

• A young adult or new parent who wants to make sure your family is financially secure.
• A busy professional who doesn’t have time for a lengthy application process.
• Someone in good health who would rather skip the medical exam.
• A first-time life insurance buyer who wants something simple and easy to understand.
• Someone with financial obligations, like a mortgage, student loans, or dependents.
• A person who needs coverage quickly due to a major life change.

No matter which boat in life you’re in, SBLI’s Simple Term Life Insurance policy is the right fit if you’re looking for straightforward, no-fuss coverage.

Apply now and let SBLI simplify your life insurance. 

[1] Not all term lengths are available to all applicants. The term lengths available to you are determined by your age when you apply.

What kind of life insurance is right for you?

How to Apply for SBLI Simple Term Life Insurance

The traditional life insurance application process can feel intimidating. Luckily, we’ve made the process easier and more accessible.

With SBLI, you’ll just be four steps away from getting approved for a policy.

Follow these steps and experience dependable and affordable simplified issue life insurance coverage in minutes:

1. Complete the Online Application: You can use our online form to kickstart the application process. All you need to do is answer a few simple questions about your health and lifestyle.
2. Receive an Instant Decision: In just minutes, we’ll give you a decision and quote based on the information you’ve given us. There’s no need to wait for weeks just to get an approval.
3. Policy Issuance: Your policy is issued when you pay for it and delivered straight to your inbox in less than 10 minutes.
4. Relax: When you receive your simplified issue term life insurance policy, just sit back and relax knowing you’re covered. Your loved ones will officially be financially protected in the event that something happens to you.

Applying and getting approved for simple term life insurance has never been this simple.

Still have questions? Call 800-424-1945 to speak with an SBLI agent.

What Else Is Included in an SBLI Simple Term Life Insurance Policy?

SBLI Simple Term Life Insurance gives you and your family an easy way to receive up to $1 million of coverage. But besides high coverage with fixed monthly premiums, you also get a subscription to LegacyShield.

LegacyShield: A Digital Vault for Your Loved Ones

SBLI goes beyond just offering life insurance. Every Simple Term Life Insurance policy includes access to LegacyShield — a secure digital vault where you can store important documents, final wishes, and messages for your family.

This means:

• Your loved ones have easy access to essential information.
• Your final wishes are organized and easily available.
• You leave behind a well-prepared financial legacy.

If you’re already an SBLI policyholder, you can sign up for LegacyShield anytime.

If not, you can learn more about LegacyShield here.

How Much Does SBLI Simple Term Life Insurance Cost?

One of the most frequently asked questions we at SBLI get involves the costs surrounding simple term life insurance and for good reason. After all, life insurance is one of the most important financial decisions you’ll ever make.

Most are daunted by the potential costs of getting life insurance. In truth, however, you’ll be surprised at how affordable life insurance (particularly simplified issue life insurance) is.

At SBLI we pride ourselves on our affordable policies. For example, A 35-year-old, non-smoking female could buy a $500,000, 20-year Simplified policy for as low as $23.49/month[1], less than a dollar a day with our simplified issue life insurance for peace of mind that lasts years. 

Frequently Asked Questions

For many prospective policyholders, our simplified issue term life insurance is just too good to be true. As a result, we get a lot of questions about our popular life insurance product. Here are some of them and our answers.

What happens if my health changes after I purchase the policy?

If your health changes after you purchase your SBLI Simple Term Life Insurance policy, don’t worry! As long as your policy is active, your coverage will stay the same. You won’t have to worry about reapplying or adjusting your policy because of health changes.

Can I renew my SBLI Simple Term Life Insurance policy after the term ends?

You bet. You can renew your SBLI Simple Term Life Insurance policy after the term ends. Just be aware that your premiums may increase when you renew based on your age at that time.

We recommend reviewing your options as your term approaches its end to make sure you’re getting the best coverage for your needs.

Is there a waiting period before the coverage takes effect?

Be prepared for more good news: There is no waiting period.

The moment you pay for your coverage, it begins right away, and you can rest easy knowing you’re protected immediately.

Can I convert my SBLI Simple Term Life Insurance policy to a permanent life insurance policy?

SBLI’s Simple Term Life Insurance is not convertible into a permanent policy. However, you always have the option to explore other coverage options – including Term or Whole Life Insurance – if your needs change. We recommend discussing your options with one of our agents as you approach the end of your term.

How do I update my beneficiaries?

Updating your beneficiaries is simple. Just log into your SBLI account, and you can make changes to your beneficiaries directly. If you need any help along the way, our customer support team is always available to assist you with the process.

Are there any exclusions or limitations in the policy?

While SBLI’s Simple Term Life Insurance is straightforward, it’s important to review your policy’s exclusions and limitations. For a full breakdown of exclusions, read the details of your policy or speak with one of our knowledgable SBLI agents for more information.

Can I increase my coverage amount after the policy is in place?

Unfortunately, once your policy is active, the coverage amount can’t be increased. However, if you feel you need more coverage, you can apply for a new policy to suit your updated needs. Our agents are always happy to help guide you through the process of choosing additional coverage if necessary.

Take the Next Step in Ensuring Your Family’s Financial Protection

Simple, affordable coverage with no medical exam. Apply online in just minutes and get the protection you need, hassle-free. Because life is unpredictable, but your family’s future doesn’t have to be.

Start Your Application

¹ SBLI’s Accelerated Underwriting is available on SBLI Level Term Insurance, ages 18-50, for insurance amounts up to $1,000,000 or less. Insurance amounts above $1,000,000 are underwritten with a traditional paramedical exam.
² Not all term lengths are available to all applicants. The term lengths available to you are determined by your age when you apply.
³ SBLI has partnered with LegacyShield to provide certain products at no cost. Additional LegacyShield products may also be available for purchase. Your relationship or agreements with LegacyShield are separate from your relationship or agreements with SBLI. The kits you may be receiving access to through LegacyShield are not intended to be legal, tax, or investment advice. You should consult your own legal, tax, or investment advisor regarding your personal situation. Products or Services offered under LegacyShield are not insurance and are subject to change. For more information, please contact SBLI at www.sbli.com or via telephone at 800-694-7254. LegacyShield is a subsidiary of SBLI.
⁴ This rate is for a female, age 35, best class, 20-Year term policy with a face amount of $500,000. Monthly premiums are available only when using SBLI’s Automatic Payment Plan. Rates vary by age, gender, health, and amount of insurance. SBLI Simple Term Life Insurance policy form series 20-P-SIT. SBLI Term Life Insurance policy form series B-56.

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