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Individual Life Insurance in Wakefield MA & Newburyport MA

Reassurance for you and your Loved Ones.

Brownson Insurance Agency, Inc. provides life insurance to individuals in Wakefield, Newburyport, Lynnfield, Reading, Newbury, Salisbury, and surrounding areas.

Many individuals consider life insurance to be the cornerstone of a sound financial plan. And while no one likes to think about passing on, Life Insurance can relieve you of the financial worry your loved ones may face in the event of your passing. 

Your beneficiaries will be able to use your Life Insurance policy to help pay for anything from expensive funeral costs and estate taxes to making up for lost income or funding your child’s education. It can even be used to continue payments on your mortgage to help ensure that the family home stays in the family.

At Brownson Insurance Agency, Inc., we know that choosing a Life Insurance plan is a big decision with many important factors to consider. Our knowledgeable team of insurance professionals is committed to walking you through the process and providing you with the best insurance solution to give you and your family the reassurance they deserve. 

Types of Individual Life Insurance

Brownson Insurance Agency, Inc. offers several different coverage options for your consideration including term life, whole life, and more.

Term Life – This is typically the simplest and least expensive insurance option. Term life insurance provides coverage at a fixed rate for a specified period of time. It’s a benefit policy that’s used primarily to cover financial responsibilities of the insured, with the benefit to be paid only if the insured were to die during the specified term. Most term life policies can be converted to a more permanent insurance solution such as whole life or universal life insurance.   

There are two types of term life insurance: 

  • Annual Renewable Term is purchased for a period of one year, with the death benefit to be paid only if the insured were to die during that one-year term, along with the option to renew after the term period.
  • Level Term Life guarantees a fixed premium for a given period of time, usually in terms of 10, 15, 20, or 30 years. Your premium is based on your age and coverage options, with longer terms being more expensive.
  • Whole Life – As the most common type of permanent insurance, a whole life policy guarantees a death benefit for the lifetime of the insured as well as a cash value account for savings. Your premium remains constant throughout the duration of policy while payments over and above your premium are credited to your savings, which earn a fixed rate of interest. 

Brownson Insurance Agency, Inc. is here for you

There are many things to take into account when purchasing life insurance, and changes in your life situation can reflect changes in your insurance requirements. That’s why it’s important to carefully consider the different policy options and ensure that you have the right solution to meet your long-term life insurance needs. 

An insurance specialist with Brownson Insurance Agency, Inc. will review your current life insurance situation and help you design a policy to plan for the future. 

At the end of the day, one of the biggest investments you can make is an investment in yourself. 

As your personal situations change (i.e., marriage, birth of a child or job promotion), so will your life insurance needs. Care should be taken to ensure this product is suitable for your long-term life insurance needs. You should weigh any associated costs before making a purchase. Life insurance has fees and charges associated with it that include costs of insurance that vary with such characteristics of the insured as gender, health and age, and has additional charges for riders that customize a policy to fit your individual needs.

Our Locations

Brownson Insurance Agency, Inc.

139 Albion St.
Wakefield, MA 01880
Main office: 781-476-5976
Fax: 781-245-3826

Office Hours:

Mon: 9:00 AM - 4:30 PM
Tues: 9:00 AM - 4:30 PM
Wed: 9:00 AM - 4:30 PM
Thurs: 9:00 AM - 4:30 PM
Fri: 9:00 AM - 4:00 PM
Sat: Closed
Sun: Closed

Byfield Insurance Agency, Inc.

147 Merrimac St.
Newburyport, MA 01950
Main office: 978-528-4787
Fax: 978-462-2880

Office Hours:

Mon: 9:00 AM - 4:30 PM
Tues: 9:00 AM - 4:30 PM
Wed: 9:00 AM - 4:30 PM
Thurs: 9:00 AM - 4:30 PM
Fri: 9:00 AM - 4:00 PM
Sat: Closed
Sun: Closed

Humphrey Insurance Agency, Inc.

147 Merrimac St.
Newburyport, MA 01950
Main office: 978-525-0296
Fax: 978-462-2811

Office Hours:

Mon: 9:00 AM - 4:30 PM
Tues: 9:00 AM - 4:30 PM
Wed: 9:00 AM - 4:30 PM
Thurs: 9:00 AM - 4:30 PM
Fri: 9:00 AM - 4:00 PM
Sat: Closed
Sun: Closed

Our Providers

Testimonials

Thank you so much for your assistance in explaining homeowners insurance when we bought our first house last month. Your help navigating through all our requirements the bank put on us was really appreciated. You made that part of the house buying process so easy. Brownson Insurance is lucky to have you working there. Thanks so much!!!
- EJ
How can I thank you enough. Your knowledge and professionalism is awesome. When my father told me to go to Brownson Insurance, I had no idea where he was sending me. That was fifteen years ago, two houses ago, at least four cars ago, and two kids ago. Thanks for going to the registry for me for this latest car swap. I really do appreciate your work with all my “stuff”.
- JH
I just want to say that after 30 years of dealing with Humphrey Insurance, I’m glad you’ve been there every step of the way. Your organization of my many properties insurance policies is refreshing. Especially in today’s world of automation, I love being able to pick up the phone and get a caring human voice on the other end. You’re the best! I hope your there for another 30 years.
- BL
How do you do it? You wear so many hats when it comes to my many insurance needs and I just feel like I needed to send you a note saying so. I know I can trust your advice when I seek it, and I do often. Cars, a house, kids driving, yikes. You’ve seen it all. Your advice is always spot on. Thanks for being there for me whenever I need you.
- JS