Boston Mutual Life Insurance Company was founded in 1891. In 2013, Boston Mutual’s assets increased by over $50 million, ending the year at $1.18 billion.
Boston Mutual offers a comprehensive portfolio of employer funded and employee-paid Short Term Disability programs, also available with an integrated Long Term program. Its integrated policy provides both Short and Long Term Disability coverage through a single policy, which is supposed to ease administration for policyholders. The disability programs are designed to protect employees against disabilities resulting from an accident, physical disease or injury, pregnancy, mental disorder, and more.
Standard Short Term Life Insurance Provisions
Boston Mutual offers numerous options in its STD policies. Some of them include the following:
- Benefit Schedules / Amount of Payments – 50%, 60%, 662/3% and 70% of weekly earnings to maximums up to $2500.
- Benefit Durations – up to 26 weeks.
- Definition of Disability – the insured is disabled under the STD policy if they are unable to perform some or all of the duties of his/her regular occupation with a minimum of 20% loss in earnings.
- “Elimination” / Waiting Periods – benefit waiting periods from 0 to 30 days.
- Unlimited Return to Work Benefit Incentive – partially disabled insureds working and earning between 20% and 80% of earnings are eligible for up to 100% of the maximum weekly benefit, subject to standard claim adjudication.
Standard Long Term Life Insurance Provisions
Long Term Disability options include the following:
- Benefit Schedules – 40%, 50%, 60%, 662/3% and 70% of monthly earnings to maximums up to $15,000.
- Benefit Durations – Reducing Benefit Durations; 2 to 5 Years; or to Social Security Normal Retirement Age.
- Definition of Disability – the insured is disabled if unable to perform some or all of the duties of his/her regular occupation with a minimum of 20% loss in earnings subject to the program option of 1, 2, 3, or 5 Year Own Occupation; Extended Own Occupation; 2 Year Own Occupation/ADL.
- “Elimination” or Waiting Periods – from 30 to 360 days.
- “Return to Work Benefit Incentive” – partially disabled insureds working and earning between 20% and 80% of earnings are eligible for up to 100% of the maximum weekly benefit, subject to standard claim adjudication and program options of 12 or 24 Months; Unlimited.
Appeal of Boston Mutual Disability Denial Letter
If you have an individual policy or are a government employee and your long term disability claim has been denied or cut-off, you may not have to file an administrative appeal with the insurance company to enforce your rights. You should consult with an experienced disability attorney to determine your legal rights.
If you have a group plan Boston Mutual Life Insurance Company disability policy, your policy is likely governed by ERISA. ERISA does have strict appeal procedures and deadlines. ERISA requires an internal or administrative appeal if your benefits are terminated or denied. The time limit to file an appeal is very limited, usually only 180 days. Under some policies, you may have a second, voluntary appeal.
Boston Mutual Long Term Disability Attorney
Florida disability attorney Nick A. Ortiz offers the following legal services for disability claimants that have a long term disability insurance policy or individual disability income policy purchased from Boston Mutual Life Insurance Company:
- Appeal of a Boston Mutual denial of individual or government long term disability insurance benefits;
- ERISA appeal of a Boston Mutual Life Insurance Company denial of group LTD insurance benefits;
- Appeal of a Boston Mutual wrongful termination of individual or government long term disability insurance benefits;
- ERISA appeal of a Boston Mutual Life Insurance Company wrongful termination of group LTD insurance benefits;
- Lawsuit against Boston Mutual after final denial of individual or government long term disability insurance benefits;
- ERISA Lawsuit against Boston Mutual after final denial of group long term disability benefits; and
- Lump-sum buyout or settlement of a Boston Mutual long term disability insurance policy.
Call an experienced Boston Mutual LTD disability attorney at the Ortiz Law Firm at (888) 321-8131 for a free case evaluation.