Boston Mutual Life Insurance Company
Boston Mutual – A Simple Philosophy
At Boston Mutual Life Insurance, we have a simple philosophy: treat every client and every business partner with the same devotion and respect we’d show to our own families. No matter what. We think our philosophy makes a big difference-a difference that’s kept us strong for over 120 years.
True, employees, policy holders and agents are not related by family. But what we’ve learned from families is that any group of people, bound by a mutual pledge of support, is forever stronger for it. That’s why, at Boston Mutual Life Insurance, we believe… Family matters. No matter what.
Simply put, life insurance provides protection against the economic loss caused by the death of the person insured. Usually, it’s a lump sum payment (sometimes known as a death benefit) to beneficiaries. The amount of premiums paid for this coverage varies based on the type of life insurance, the amount of coverage and other factors. Life Insurance is purchased based on the needs and goals of the individual wanting to insure his/her life and the lives of his/her family, and it is typically paid monthly. The benefit can help replace lost income, help pay for funeral costs, debts, and even medical expenses of the deceased not covered by health insurance.