David J. Murphy Insurance Solutions

Welcome to Our New Online Home!

We're excited to officially introduce our agency's online presence. For years, we've proudly grown through word-of-mouth—thanks to the trust of our exceptional clients. Now, we're making it easier than ever for you to connect with us online.Our team specializes in protecting what matters most to individuals, families, and businesses. We’re here for:

  • Business Owners & Entrepreneurs seeking tax-saving strategies, succession planning, pension plans, and employee benefit solutions like the WIMPER Program

  • Individuals Planning for Retirement looking to secure income, protect their legacy, or explore annuities, life settlements, and retirement supplemental income solutions

  • Working Families who need simple, affordable protection with products like Term Life, Final Expense, Indexed Universal Life, and more

No matter where you are in life, our products meet you where you are headed. We focus on customization of products, cash accumulation, living benefits, and tailoring solutions to achieve your goals.We welcome you to give us a call today to see how you can secure your family, your business, and your future.Thank you for being part of our story.- David

WIMPER Program

Save Big on Workers’ Comp and Payroll Taxes

If you're an employer paying Workers' Comp premiums, especially those in industries with higher jobs risk categories, you need to know about the WIMPER Program — a fully compliant, government-funded wellness initiative that could reduce your Workers’ Comp costs by up to 30% per month and return up to $900 per employee, per year in FICA tax credits.We are quite excited about the particular set of WIMPER Program benefits we offer. We've thoroughly researched and believe our WIMPER Program benefits offering delivers world class, cutting edge, benefits at no net cost to you or your employees. Our WIMPER Program even includes guaranteed issue, portable, life insurance for participating employees AND AUDIT PROTECTION for the employer! Check out our WIMPER website if you'd like to see more - or just book your call with us:

It’s a strategic advantage used by thousands of businesses across the country, and it works especially well for industries with elevated risk classifications.Whether you have 5 or 50,000+ W-2 employees, WIMPER can be tailored to fit your operation with no net cost to you.

Why it Works

  • This federal program incentivizes employee wellness

  • Creates real tax savings and insurance premium relief

  • Boosts employee satisfaction and retention

  • Fully compliant with IRS, Department of Labor, and state laws

✓    No Cost to Employers
✓    Significant Payroll & Comp Savings
✓    White-Glove Setup & Ongoing Support

Schedule a discovery call and see how much you will save

It just might be the best 15 minutes you invest all year. Give us a call or use our Contact Us form now.

Indexed Universal Life

Protection with Powerful Growth Potential

Whether you're building a legacy, preparing for retirement, or protecting your family's future, Indexed Universal Life (IUL) offers one of the most flexible and strategic tools in the insurance world today.This is not just life insurance—it's a smart, tax-advantaged way to grow wealth safely, without risking your principal in the stock market.

Why Professionals, Individuals, and Families Choose IUL

  • Business Owners & Entrepreneurs use IUL to protect income, reduce tax burdens, and create long-term, liquid capital.

  • Individuals leverage IUL for tax-free retirement income, legacy planning, and estate protection.

  • Working Families choose IUL for lifelong protection, flexible premiums, and cash value they can use—for education, emergencies, or even starting a business.

What Makes IUL So Powerful?

  • Tax-free growth linked to market indexes (with downside protection)

  • Flexible access to cash value—without penalties or taxes

  • Lifetime death benefit protection

  • No contribution limits like IRAs or 401(k)s

✓    Protection + Growth
✓    Tax-Free Income in Retirement
✓    Legacy & Liquidity Planning in One Tool

Let’s walk through how an IUL strategy could work for you

Your future self will thank you.

Final Expense

Peace of Mind for Life’s Final Expenses

Planning ahead means your loved ones won’t have to. Final Expense Insurance is a simple, affordable way to cover funeral costs, medical bills, and other end-of-life expenses, so your family doesn’t have to carry that burden.It’s not about how much you leave behind—it’s about how you leave things for your family.

Who Benefits Most

  • Individuals who want to protect their families from unexpected costs and avoid financial strain during an already difficult time.

  • Working Families seeking a low-cost, generally guaranteed-acceptance option for aging parents—or coverage for themselves while it’s still affordable.

  • Business Owners may offer final expense coverage to key staff or incorporate it into broader planning for legacy and succession.

Why People Choose Final Expense Coverage

  • Affordable monthly premiums—often locked in for life

  • No medical exam options available

  • Quick payouts to loved ones when it matters most

  • Coverage amounts typically between $5,000 – $50,000

✓    Simple & Affordable
✓    Guaranteed Acceptance Options
✓    Covers the Costs That Families Often Overlook

Get peace of mind in just a few minutes

Let’s talk about a plan that fits your budget—and protects your family when they need it most.

Term Life

Affordable Coverage for What Matters Most

Term Life Insurance is pure protection—simple, powerful, and budget-friendly. It provides a tax-free payout to your loved ones if something happens to you during the term you choose.This coverage is ideal for safeguarding your loved ones by covering mortgages, income replacement, education costs, or business obligations—giving you peace of mind.

Who This is Perfect For

  • Working Families who need maximum coverage at an affordable rate to protect children, income, and debt (like a mortgage).

  • Individuals looking for peace of mind during their peak earning years or while raising a family.

  • Business Owners who want to secure key-person coverage or fund a Buy-Sell Agreement with partners.

Why Choose Term Life?

  • High coverage amounts at low monthly cost

  • Flexible terms: 10, 20, 30 years and beyond

  • Options to convert to permanent coverage later—without a new exam

  • Helps replace income, pay off debt, and protect your family's future

✓    Low-Cost, High-Impact Protection
✓    Customizable for Families or Businesses
✓    Convertibility & Living Benefit Riders Available

It’s coverage you hope you never need—but can’t afford to be without

Let’s find the right term and amount for your needs today.

Life Settlement

A Unique Strategy for High-Yield, Non-Market Returns

Looking for a powerful, alternative asset class? Life Settlement Portfolios offer a way to participate in a carefully structured pool of life insurance policies that have already been sold by their original owners.We don’t buy policies. Instead, we provide qualified clients with the opportunity to roll over or deposit funds into a diversified portfolio backed by life insurance—structured for strong, predictable returns, independent of the stock market.

Who This is Best For

  • Individuals seeking consistent, above-average returns without market volatility.

  • High-income Professionals or Business Owners looking to diversify their portfolio with non-correlated assets.

  • Sophisticated Investors with cash reserves, old 401(k)s, or IRAs who want to roll funds into an asset designed for tax efficiency and performance.

  • People that love, or want to learn about, the unique advantage of illiquidity and want to protect them or their families with just that.

Why Choose a Life Settlement Portfolio?

  • Portfolios are built from policies already sold and structured for diversified risk

  • Historically strong returns with minimal market correlation

  • Can be funded through IRA rollovers, cash, or trusts

  • Designed to support long-term planning, legacy goals, and retirement income

✓    Non-Market, High-Yield Alternative
✓    IRA/401(k) Rollover Friendly
✓    Backed by Real Assets & Professional Underwriting

This is where stability meets strategy

Let’s discuss whether a Life Settlement Portfolio fits your financial goals and risk profile.

Annuities

Guaranteed Income, Lifetime Confidence

When it comes to protecting your future, annuities offer something few other products can: income you can’t outlive. Whether you're planning for retirement, looking to protect a lump sum, or want predictable cash flow—annuities provide safety, tax deferral, and peace of mind.There are many types of annuities, and the right one depends on your goals. We help you make sense of it all.

Who Annuities Work Best For

  • Pre-Retirees & Retirees who want to lock in guaranteed lifetime income, protect principal, or supplement Social Security.

  • Working Families who’ve received a windfall (e.g., inheritance, sale of property) and want to preserve and grow it tax-deferred.

  • Business Owners & Professionals looking to safely reposition assets or enhance retirement planning with guaranteed returns.

Benefits of Annuities

  • Guaranteed monthly income for life or a set period

  • Tax-deferred growth while your money compounds

  • No stock market exposure (with fixed and indexed annuities)

  • Optional long-term care and legacy features available

✓    Steady, Predictable Income
✓    Customizable for Your Timeline & Risk Tolerance
✓    Can Be Funded with IRA, 401(k), or Cash

If you’re concerned about outliving your money, let’s build a strategy that protects your future

Annuities can play a powerful role—let’s explore how.

Pension Plan

Smart Retirement Solutions for Individuals & Business Owners

A well-structured pension plan can do more than just fund retirement—it can maximize tax advantages, attract and retain talent, and help you retire with confidence.Whether you're self-employed or managing a team, we design pension solutions that are tailored, compliant, and performance-focused—so your future (and your team’s) is secure.

Who Benefits Most from Pension Planning

  • Business Owners & Entrepreneurs who want to reduce taxable income, reward key employees, and accelerate retirement savings.

  • Professionals and Pre-Retirees who’ve outgrown traditional retirement accounts and want to catch up fast with larger contributions.

  • Working Families with self-employed earners or side income looking to start building retirement security beyond an IRA or 401(k).

Types of Pension Plans We Help With

  • Defined Benefit Plans

  • Cash Balance Plans

  • SEP & SIMPLE IRAs

  • Solo 401(k)s and more

Why Choose a Pension Plan with Us?

  • Maximize annual contributions—often much higher than traditional limits

  • Lower taxable income while building future security

  • Fully compliant, customized design for your business structure

  • Can be combined with life insurance and annuities for a total retirement solution

✓    Tax-Efficient Wealth Building
✓    Ideal for High-Income Earners & Owners
✓    Custom Strategies for Every Stage of Growth

Let’s design a pension strategy that fits your life, your business, and your future

Your retirement deserves more than guesswork—it deserves a plan.

Umbrella Insurance

Extra Protection When It Matters Most

In today’s world, one lawsuit or major accident can change everything. That’s where Umbrella Insurance comes in—offering an extra layer of liability coverage beyond the limits of your home, auto, or business policies.It’s smart protection for your assets, your income, and your peace of mind.

Who Needs Umbrella Coverage the Most

  • Business Owners & Professionals with significant assets or public exposure who want to safeguard their business, home, or investments from unexpected legal claims.

  • Working Families who own property, drive regularly, or host guests, and want to protect future earnings from a major liability event.

  • Pre-Retirees and High Net-Worth Individuals looking to preserve what they’ve built from risk, lawsuits, or unforeseen accidents.

Why Add Umbrella Insurance?

  • Extends liability protection above your current policies

  • Covers legal fees, settlements, and damages

  • Shields future earnings and large assets

  • Often very affordable for the amount of protection provided

✓    Asset & Income Protection
✓    Covers Gaps in Auto, Home & Rental Policies
✓    Ideal for High-Exposure Individuals & Families

It only takes one unexpected incident to put everything at risk

Umbrella Insurance helps you stay protected—no matter the storm.

About Us

Here at David J. Murphy Insurance Solutions, Inc., we believe insurance is more than just policies and numbers — it’s about people, families, and businesses securing their future with confidence. As a family-owned and operated agency, we take pride in building relationships that last. Most of our clients come to us by referral, and for good reason — our approach is rooted in trust. Our team has decades of expertise and a deep commitment to tailoring solutions that fit each unique situation.Our philosophy is simple: your goals drive our solutions. Whether you're securing your family's future, safeguarding your business, or building long-term wealth, we specialize in crafting customized strategies that evolve with you. From college savings plans and mortgage protection to business pensions and supplemental retirement solutions, we integrate a range of life insurance, annuities, and other products that do more than protect — they help you grow and prosper.We ensure our clients always have access to elevated strategies that maximize growth and protection. Our role is more than that of an advisor — we are your trusted partner, dedicated to helping you navigate life’s financial journey with confidence, clarity, and a family-friendly touch.For those who know us, we’re the best-kept secret in the community. For those who don’t, we’re here when you’re ready.

Contact Us

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Accessibility

David J. Murphy Insurance Solutions, Inc. is committed to ensuring that our website is accessible to everyone, including individuals with disabilities. We strive to provide an inclusive experience for all users and are actively working towards achieving full compliance with the Web Content Accessibility Guidelines (WCAG 2.1 AA).Current Status:Our website is currently in development and not yet fully compliant with ADA standards. We recognize the importance of accessibility and are dedicated to making our content and services accessible to all users.Steps Towards Compliance:Ongoing Development: We are continuously updating our website to improve accessibility features and ensure that all content is accessible to users with disabilities.Testing and Feedback: We welcome feedback from users regarding any accessibility issues they encounter. Please contact us at [email protected] to report any difficulties or suggest improvements.Compliance Goals: Our goal is to achieve full compliance with WCAG 2.1 AA standards and to maintain ongoing accessibility as we update and expand our website.Known Limitations:At this time, certain areas of our website may not be fully accessible. We are working to address these limitations and provide alternative formats or solutions where possible.Contact Information:For any questions or concerns about accessibility on our website, please contact us at:Email: [email protected]
Phone: 1-805-372-2366
Toll-free: 1-888-435-2366We appreciate your patience and understanding as we work towards creating a fully accessible experience for all users.