Mt. Washington Delivers Discount to NH SBLI Policyholders
Affiliation Offers P&C Savings to Life Insurance Customers
CONCORD, NH -- (MARKET WIRE) -- December 6, 2006 -- Concord-based Mt. Washington Assurance
Corporation announced that it has partnered with The Savings Bank Life
Insurance Company of Massachusetts to offer a special, low auto insurance
rate to SBLI's more than 22,000 New Hampshire customers.
New Hampshire SBLI policyholders will be eligible to receive a 10% discount
on their auto insurance premiums when they insure their vehicles with Mt.
Washington. The discount is available through participating independent
agents representing Mt. Washington throughout the state.
In addition to offering the group discount for existing, eligible SBLI
policyholders, participating Mt. Washington agents will be licensed to sell
SBLI life products. This exclusive partnership provides New Hampshire
consumers with a unique opportunity to purchase SBLI life insurance through
an independent agent.
The New Hampshire SBLI group discount program launched November 13. Mt.
Washington will provide advertising support with a campaign that will
appear in area newspapers.
Rated "A+ (Superior)" by A.M. Best, SBLI offers a broad suite of
competitive products and a widely recognized brand name.
Mark Sweeney, Mt. Washington's Vice President of Marketing, said the new
program will give its agents a competitive edge. "We're pleased to be able
to offer a significant auto insurance discount to SBLI customers," he said.
"Mt. Washington's group discount offers both new and current SBLI
policyholders greater savings and added value. In addition, New Hampshire
consumers will now be able to rely on the professional expertise of Mt.
Washington's independent agents to help them select the SBLI life insurance
coverage they need."
"We are excited to partner with Mt. Washington and their agents in offering
this discount to our New Hampshire policyholders," said SBLI President and
CEO Robert K. Sheridan. "Like SBLI, Mt. Washington is known for its
customer-centered philosophy and commitment to providing high-quality,
competitively priced insurance products to consumers."
Conceived by U.S. Supreme Court Justice Louis D. Brandeis, the Savings Bank
Life Insurance system was established in Massachusetts in 1907. The
Savings Bank Life Insurance Company of Massachusetts is currently licensed
in 14 states and the District of Columbia. The Savings Bank Life Insurance
Company of Massachusetts is in no way affiliated with the Savings Bank Life
Insurance Company of Connecticut or SBLI USA Mutual Life Insurance Company,
Inc. For more information on The Savings Bank Life Insurance Company of
Massachusetts, please visit www.sbli.com or call 1-888-GET-SBLI.
About Mt. Washington Assurance Corporation
Headquartered in Concord, New Hampshire, Mt. Washington Assurance
Corporation (www.mwac.com) is a member of The Plymouth Rock Group of
Companies. Mt. Washington writes automobile and homeowners insurance
exclusively, and maintains a rating of "A-/Excellent" from A.M. Best, the
insurance industry's premier independent rating service.
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