Boston Mutual Life Insurance Company
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Boston Mutual Life Insurance Company was founded in 1891. They've been on strong financial footing for over 100 years. Boston Mutual uses this financial base, along with their experience, to serve clients in three distinct market niches.
The oldest division at Boston Mutual is the General Agencies Division. It offers individuals and families around the United States a variety of life, disability, and supplemental insurance policies. The Legacy Life Select Insurance is for employees of the state and federal governments, as well as postal employees. Ordinary life and legacy whole life policies are also available. The General Agencies Division product line includes disability and simplified disability income insurance. Their supplemental insurance benefits include a range of options, from accidental death benefit to a spouse insurance rider.
The Group Division's offerings fall into four categories. There is Life & AD&D Insurance available with additional features available. Short term disability insurance can be provided with a number of unique provisions and/or additional features. For instance, maternity can be covered under the policy as an illness. You'll also find long term disability Insurance offered by the Group Division. This insurance can be structured in a variety of ways. It can also include features like continuity of coverage and spousal disability. Small Group 2-9 Employees is a category dealing with a Small Group Insurance Program for employees with fewer than 9 employees. These policies include Life & Accidental Death & Dismemberment Features, short term disability insurance, long term disability, and additional features like bereavement counseling. Boston Mutual term life insurance is also available from this group.
The final group is the Voluntary Worksite Products group. This groups workers with employers and employees to provide coverage at affordable rates. Their products include Interest Sensitive Life Insurance. The premiums are set for the life of the policy. It also accumulates for increases in the cash value. Short and long term disability insurance incorporates a mental illness benefit as well as an alcohol and drug benefit. The accident insurance offered by this group includes emergency medical care and follow-up care. Additional riders are available. Critical illness insurance is another offering of this group. After the diagnosis of illnesses like cancer or stroke, a lump-sum amount is paid directly to the insured party.
With products ranging from Boston Mutual term life insurance to disability insurance, Boston Mutual provides a full range of products to their customers, whether individuals or groups.