CANTON, Mass., February 15, 2022 /PRNewswire/ — Boston Mutual Life Insurance Company, a national provider of personal and workplace insurance solutions, today announced that its Small Business Solutions program is now available to customers of Connecticut and Maine.
The first program of its kind for the national life insurance company launched initially in June 2021in coordination with selected local producer partners in Massachusetts and Rhode Island to offer this insurance solution to small businesses emerging from the early stages of the pandemic. Since launching the program, the first of the new area of Enterprise Market Strategies introduced last year, and the recently announced unique Business Development and Enterprise Solutions department, Boston Mutual has seen further success in targeting an immediate need in the communities it has served for the past 130 years.
“Boston Mutual is honored to serve customers near and far, and we’re proud of the success we’ve had over the past year in providing effective benefits insurance solutions to small businesses in Massachusetts and Rhode Island,” noted Josh Police, Senior Vice President, Business Development and Single Business Solutions, Boston Mutual Life Insurance Company. “We look forward to building on the success of the program as we expand to serve more regions. This program was launched to support small businesses, especially those impacted by the pandemic, and we see that attracting employees with competitive and essential benefits like life insurance continues to be a top priority for these employers as we enter the new year. »
The program offers a portfolio of insurance options, including whole life insurance, critical illness/specified illness insurance, and group accident coverage.* According to LIMRA, only 52% of Americans have life insurance coverage, and 22% of these policyholders believe they need more coverage.**
“Having witnessed the challenges small businesses have faced during the pandemic, we are proud to see the momentum of our one-of-a-kind small business program expanding to Connecticut and Maine,” noted Ty Conder, Vice President, Small Business Solutions, Boston Mutual Life Insurance Company. “Supporting small businesses with specific life insurance solutions tailored to their business and employee needs continues to be a priority for Boston Mutual moving forward.”
To find a sales representative in the Small Business Solutions program or learn more about Boston Mutual Life Insurance Company, please visit https://www.bostonmutual.com.
About Boston Mutual Life Insurance Company
Founded as a progressive life insurance company in 1891, Boston Mutual Life Insurance Company is a national insurer that provides insurance solutions designed for working Americans and their families, along with enrollment and billing options on work place. With offices based in Canton, Massachusettsand Omaha, Nebraska, as a mutual company, Boston Mutual Life is committed to acting in the best interests of its policyholders, producers, employees and communities. For more information, visit www.bostonmutual.com or contact your Boston Mutual Life representative. Follow the company on Facebook (/BostonMutualLifeIns) or LinkedIn (/company/boston-mutual-life-insurance).
Boston Mutual Life Insurance Company
(800) 669-2668 ext. 276
* Policy series: END-95 (ESO)(20/21), WS-CI 4/12 and WPS-ACC 07/15.
**Source: Insurance Barometer 2021, LIMRA and Life Happens
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SOURCEBoston Mutual Life Insurance Company