Serving all of New England

Business Life Insurance

Protecting the Future of Your Business


As a small business owner, you have two families to care for and protect: your family at home and your family at work. You need to ensure the security of your business and key employees when looking towards the future. We understand just how important your small business is, because we’re a small business too.

McGrath Insurance offers life insurance services for businesses of all sizes: from transferring ownership when a business owner dies, to protecting a business from the loss of a key employee. Life insurance can even go so far as to fund your retirement plan or provide an alternative source of financing for your business.

Our expertise includes:

  • Business Loan Insurance
  • Buy-Sell Agreements
  • Estate Planning
  • Key Person Insurance
  • Survivorship Life Insurance
  • Deferred Compensation Plans

Additionally, we can review your business valuation and perpetuities agreements, discuss how you can use life insurance to fund executive bonus plans, and fund your estate needs and an irrevocable life insurance trust (ILIT).

Contact us for a free assessment of your business life insurance needs. Call 508-347-6850, or email our life insurance department today.


Claims Center

What do you need to file a claim? When you’re dealing with a loss, you should be confident in knowing that our licensed staff will respond promptly. We handle claims on a more personal level, working directly with your insurance company throughout the entire process to ensure that your claim is settled both quickly and fairly.

Tailored Coverage

You should never have to compromise on your insurance protection. Every individual, business, and family has a unique set of needs that can’t be met with a one-size-fits-all quote. Our Freedom Plan lays the foundation for us to customize an insurance plan that’s tailored to your specific needs and risks at a competitive price.

Educational Partner

Do you know what gaps may be hidden in your coverage, leaving you unprotected when disaster strikes? We pride ourselves on educating our clients on their coverage details, including the terms, limitations and conditions of their insurance policies. We also produce fresh content in our Resource Center that is timely and of most value to you.

Heart of New England

As a regional insurance agent and broker, we understand what it means to service our clients throughout New England. With two central offices, we understand the very specific risks of the region’s businesses and consumers and can tailor an insurance solution to meet your needs.

Powerful Network

Our staff conducts extensive research to develop a custom insurance plan or risk management strategy for your personal or business needs. We then present you with a selection of programs from multiple insurance carriers that will protect your business equity or personal net worth.