NJ Life Insurance

Debunking Long-Term Care Insurance Myths

December 4, 2012   Posted in NJ Life Insurance

It has been estimated there is a 70% chance that individuals, 65-years-old or older, will need access to long-term care. As of 2012, the cost of a full time nursing home room is a staggering $82,000 a year. In-home care with a licensed home health aide would total more than $55,000 annually. Statistics like this point to the need and benefit of purchasing long-term care insurance. Purchasing the policy while you are young will dramatically decrease the policy premiums.

Insurance agents hear many myths when it comes to the reasons why individuals feel they do not need to purchase a …

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Permanent Life Insurance Protects New Jersey Residents for the Long Haul

October 14, 2011   Posted in Life Insurance, New Jersey Life Insurance, NJ Life Insurance, Permanent Life Insurance, Whole Life Insurance

There’s a lot of debate these days over which kind of life insurance to buy. Many people understand the need to protect their families in case the worst happens, but they don’t know if they should buy term or permanent life insurance. New Jersey residents should keep in mind that while term is cheaper, permanent (also known as whole) life insurance will be with you as long as you pay the premiums on the policy.

When you buy a term life policy, you only receive coverage for the “term” that the policy is in effect. This may be 5, …

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The New Jersey Life Insurance Solution to Fit Every Budget

October 11, 2011   Posted in Life Insurance, New Jersey Life Insurance, NJ Life Insurance, Term Life Insurance

There is one statistic that everyone in New Jersey (and worldwide) knows; none of us will get out of this world alive. Human beings have a 100% chance of dying. Despite this knowledge, many people do nothing to prepare for this eventuality. This is mainly due to the belief that a New Jersey life insurance policy is just too expensive.

There is a solution that virtually anyone these days can afford; term life insurance. New Jersey residents may not be aware that in recent years, rates on term life policies have been dropping like a rock. The reason? People are …

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