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Life Insurance

from McNamara Insurance

Life Insurance

Protect Your Loved Ones

Life insurance is about protecting your family's future. Most of our clients come to us for life insurance when they are going through a life event, such as:

  • Getting married 
  • Launching a new business
  • Buying a home
  • Birth of a child  
  • Becoming a single parent 
  • Retiring from work

Your family comes first. With personalized and affordable coverage, our brokers are here to make it easy for you to protect the one's you love most. 

Products - Term and Permanent   

Term life provides guaranteed coverage at a fixed price for 10 to 30 years.  Permanent life provides coverage for a lifetime. Permanent products have cash value that may increase in value.  

Term Life Insurance

Term life insurance provides a guaranteed death benefit and a guaranteed premium for a period of time. For example, a term period of time maybe 10,15,20 or 30 years. The premium or cost is based primarily on age and health of the insured. Other risk factors maybe travel to certain countries and hobbies such as sky diving.   

Permanent Life Insurance

Permanent life insurance are designed to provide coverage for your lifetime. These products include guaranteed universal life, indexed universal life, and whole life insurance.  

Guaranteed Universal Life provides a guaranteed death benefit for up to a lifetime. The premium payment maybe structured for a short pay or longer pay period. Optional policy enhancements include ROP – Return of Premium rider providing a guaranteed refund of premium for policy surrender.  

Indexed Universal Life provides a guaranteed death benefit and a cash value account with accumulation potential through indexed accounts tied to the market index like the  S&P 500. The policy offers flexible premium. Optional policy enhancements that can provide long term care coverage. 

Whole life provides a guaranteed death benefits and guaranteed cash value for a lifetime. The premium payment is fixed. With whole life insurance, your premium, or the cost of the policy, stays the same throughout the length of the policy. Even if market conditions change and insurance costs rise, your premium is locked in. Not only can this save you money, but it can make it easier to budget long term as well.

How much does life insurance cost? 

In addition to the product selected, pricing is based on risk factors as follows: 

  • Age
  • Smoking status
  • Health history 
  • Driving record
  • Profession
  • High risk hobbies 

Term Express Underwriting 

The easiest way to buy term life insurance. Our online platform makes it easy to apply and obtain coverage. Available for ages 20 - 60 for coverages from $100,000 to 1 Million. After obtaining a quote estimate, there are 3 steps to getting your policy.  The application, e-interview (health history) and underwriting approval. In some cases, a paramed exam maybe required. If required, this helps get the best pricing. 

To get started, please email request for quote. If moving forward with the policy, we will assist with online application, e-interview and policy delivery. At McNamara Insurance, we have many term life insurance options available for our clients because we’re independent brokers and will work with you to provide an excellent customer experience.

If you would like to chat, please call us at 617-964-0200, or contact us online for a quote, and we can tailor a policy to your needs. Your policy will be affordable and protect your family's future.