Life Insurance

Life insurance helps assure you that money won’t be your family’s major worry when you’re gone. Working with South Jersey Financial Network will help you select and receive the best coverage possible.

You can purchase term and universal life insurance. Term life insurance pays beneficiaries a fixed sum upon the death of the policy-owner. Universal life insurance accumulates cash value and provides a cash death benefit. Universal life insurance can help you plan for financial security in retirement, since you can access the cash value of the policy.

Universal life insurance provides these added benefits:

  • Affordable premiums with the convenience of payroll deduction
  • A portable policy you can keep if you change jobs or retire
  • Tax-deferred accumulation of fund value
  • Potential for loans and partial withdrawals based on fund value
  • Tax-free death benefit to your beneficiary
  • Coverage available for your whole family
  • Ability to add an optional rider to your policy
  • Accidental death benefit
  • Waiver of premium
  • Children’s term rider
  • Accelerated death benefit/living benefit
  • Long-term care rider

Disability Insurance

Most people make sure their home, their car and their life insurance needs are met, but neglect to insure their most valuable asset – their ability to earn a steady income.

If you can’t work because of a sudden illness or injury, you can still be financially secure with disability insurance protection. Supplemental disability income can help to ease the burden when your paychecks stop.

Reap the Benefits to You:

  • A monthly benefit you choose, from $400 to $5,000, up to 60% of your income
  • Guaranteed renewability to age 70, subject to change in premium by class
  • Affordable rates, age banded at issue: 18-49, 50-59, 60-69
  • Premiums paid through payroll deduction
  • A portable policy
  • Coverage for pregnancy if the insured first begins a total disability after the policy has been in force for at least 10 months
  • A fast and easy application and underwriting process
  • The option to add a rider to your policy
  • On-the-job disability rider
  • Accidental death and dismemberment rider

Long Term Care Insurance

Long-term care insurance provides fro the day-in, day-out assistance you need when a serious illness or disability renders you unable to care for yourself for a lengthy period of time. Long-term care can be provided at home or at a nursing facility, assisted living or alternative care facility.

The benefits of having long-term care insurance are that it can help

  • Ensure that you don’t outlive your savings
  • Maintain your independence and dignity, and
  • Maintain your standard of living.

Long term care costs could be potentially catastrophic, so you want maximum protection against this possibility while preserving your financial resources.

 

 

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