In today’s fast-paced world, ensuring the well-being of your team goes beyond the ordinary. That’s why Murphy Insurance is committed to providing comprehensive Group Life, Disability, and Long-Term Care Insurance solutions tailored to meet the evolving needs of businesses like yours.
Providing these valuable benefits to employees can help round out your benefit package, making working for your company even more attractive for current and prospective employees.
Our Insurance Portfolio
With our commitment to excellence and unwavering support, we empower you to nurture a resilient and thriving workforce, securing peace of mind for employees and employers. As an employer, you can provide essential protection benefits such as life, disability, and long-term care insurance to your workforce. In some cases, there may be minimum employee group sizes to offer certain benefits. Trust us to protect what matters most—your employees.
Whether you already offer or are considering these employee benefits, our benefits specialists can help you evaluate your options and design a program that fits your needs. To learn more about your options, contact one of our trusted professionals to discuss your investment needs.
Group Life Insurance
Providing life insurance for eligible employees provides them with a valuable benefit: helping protect their loved ones with the flexibility of selecting or changing beneficiaries as needed. As an employer, it can offer you these benefits:
- Increased loyalty and reduced turnover of workers
- Tax-deductibility of premiums paid by employer*
- Additional attractiveness of overall benefit package by offering
Life Insurance and Key Employees
You may consider other ways to use life insurance as an employee benefit to increase loyalty, make overall compensation more attractive for key employees, and protect your business.
- Consider offering select key employees a unique life insurance plan as an additional incentive for staying on or as a bonus.
- Consider purchasing life insurance with the company as the beneficiary on key executives or other employees if their death could have significant economic impacts on the company’s performance.
- Consider life insurance as a means of funding a business continuation plan to finance the company’s purchase by family members, key employees, etc, who may otherwise not have the financial assets or funding to do so.
Group Disability Insurance
As a business owner or executive, you share the same concerns as your workers over what would happen to you and your family if you should become disabled. The risk of disability is more significant than most people think, and most individuals don’t consider disability insurance on their own. Having group disability insurance that provides income for eligible employees who are partially or entirely disabled due to an injury, pregnancy, disease, or other covered disabling illness is of value in many ways, including:
- Providing short- and long-term financial security for your employees, preventing stress and making it easier for them to return to work once they are well.
- Increasing loyalty and reducing turnover of workers
- Tax-deductibility of premiums paid by employer*
Group Long-Term Care Insurance
Long-term care is an increasingly important issue as people live longer and longer, shifting the overall age of our nation’s population. Providing a group long-term care insurance benefit can:
- Distinguish your company from others to help you attract and retain the best employees.
- Provide financial security for employees, helping them maintain their quality of life.
- Provide employers the benefit of an income tax deduction.*
*We recommend you consult with a tax advisor to determine the deductibility and tax impacts of employee benefit contributions. This information is only a general description provided as a service and is not intended to be a legal interpretation.
Our Life and Disability Insurance Partners
Read Our Life & Disability Insurance Blog Posts
Contact Us
Communities
Murphy Insurance Agency provides insurance solutions across Massachusetts and New England. Where you live is not a barrier to our assisting you. We are proud to serve the communities where our customers live and work, including Acton, Ashland, Ayer, Bellingham, Berlin, Blackstone, Bolton, Boston, Boxborough, Boylston, Chelmsford, Clinton, Concord, Devens, Dunstable, Fitchburg, Foxborough, Framingham, Franklin, Groton, Harvard, Holliston, Hopedale, Hopkinton, Hudson, Lancaster, Leominster, Littleton, Lunenburg, Marlborough, Maynard, Medfield, Medway, Mendon, Milford, Millis, Millville, Natick, Norfolk, Northborough, Northbridge, Pepperell, Sherborn, Shirley, Shrewsbury, Southborough, Sterling, Stow, Sudbury, Townsend, Upton, Uxbridge, Wayland, Westborough, Westford, Weston, Whitinsville, Worcester, and last but not least, Wrentham.
About Us
Get A Quote
- Quote Overview
- Auto Insurance Quote
- Homeowners Insurance Quote
- Condominium Insurance Quote
- Renters Insurance Quote
- Umbrella Liability Quote
- Valuables Coverage Quote
- Boat Insurance Quote
- Business Insurance Quote
- Employee Benefits Quote
- Life Insurance Quote
- Disability Insurance Quote
- Long-Term Care Insurance Quote
- Other Insurance Quote
Resources
Personal Insurance
Business Insurance
Read Our Blog
Recent Posts
- Why Personal Liability Insurance is Essential for Homeowners, Condo Owners, and Renters September 13, 2024
- MA Dept of Industrial Accidents New Notice Requirements September 10, 2024
- Keep Your Home Safe While on Vacation June 26, 2024
- 5 Tips for Adding a Teen to Your Auto Policy June 21, 2024
- Understanding the Risks of Speeding June 19, 2024
- Keeping Mold Out of Your Home June 15, 2024
- Cyber Risk Exposure Scorecard: Assess your risk May 22, 2024
- Exposing Double Brokering: Safeguarding Your Freight Against Deceptive Schemes May 21, 2024
- The Crucial Role of Disaster Recovery Plans and Insurance Solutions in Protecting Your Business May 15, 2024
- Compliance Reminders for Businesses May 9, 2024
- Tips for Preventing Home Burglaries April 30, 2024
- Ensuring Peace of Mind: The Importance of Wedding Insurance April 28, 2024