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Home > Health Insurance > Life Insurance > Commercial Travelers Mutual Insurance Company
Commercial Travelers Mutual Insurance Company
Mr. Trevvett and 49 of his fellow sales representatives founded the company as a mutual accident association in 1883. The small company's first claim was paid in that summer to Mr. Barrington Lodge of New York City, who was injured in the panic that accompanied the grand opening of the Brooklyn Bridge on July 4, 1883.
Commercial Travelers was founded in Utica, NY in 1883, and is the oldest insurance company of its type in the United States. The company is licensed to sell insurance in all American states except Hawaii. At the present time, it does not insure risks from other countries.
At the time of the company's founding by Edward Trevvett, a British born tea salesman, traveling sales representatives or commercial travelers, as they were then known had a difficult time obtaining insurance, because the travel portion of their livelihood was considered hazardous, or at least an unusual risk.
Through Commercial Travelers' life insurance subsidiary, Monitor Life Insurance Company of New York, a variety of life insurance coverage’s are available Guaranteed Issue Senior Life have no medical questions, which cannot be refused for coverage, rates will never increase.
Whole Life premium payments are fixed for the life of the policy rates can never be increased. Builds cash value. Juvenile Insurance term that automatically becomes whole life coverage when the child reaches 25 years of age, with no further proof of insurability. It includes options to buy additional insurance at various ages without a medical examination.
Life Insurance is more than just paying premiums to an insurance company and the payment of a death benefit to your beneficiaries. It can also be used to achieve different financial goals.
The mission of Commercial Travelers Mutual Insurance Company life insurance division is to become the life insurance company of choice by enriching the lives of their customers through quality products and reliable service, built upon a history of success.
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