Does Charles Schwab Offer Life Insurance? 
Charles Schwab offers life insurance from other carriers . On their website they state : `` Charles Schwab & Co. , Inc. -LRB- ` Schwab ' -RRB- , in association with the Small Business Insurance Agency , Inc. -LRB- ` SBIA ' -RRB- , provides customers with access to term life insurance issued by leading insurance companies . Schwab and SBIA are licensed insurance agencies . '' 