Things to know about long-term insurance- Neptune Finance Services

 

Neptune Financial Services (NFS) is an independent insurance broker in New Jersey, USA dedicated to providing clients with the best possible solutions with products from a variety of nationally recognized companies. We offer a wide range of Insurance services like Life insurance, Home Insurance, Auto insurance, Commercial Insurance, Property Insurance, and more in Trenton, NJ US. 

While providing the highest quality services and a goal of exceeding customer expectations, we maintain a professional and efficient work environment. This allows each individual as well as small business owners to achieve their financial and personal goals successfully. 

As an independent agency, we are committed to working for our clients to save more to protect their future by using the "client comes first" approach and representing multiple insurance carriers to provide the best suitable option at a competitive offer.

There's a wide range of insurance policies, each aimed at securing certain aspects of your health or assets. Broadly, there are 6 types of insurance, namely 

• Life Insurance

• Income for Life 

• Auto Insurance

• Home Insurance

• Business Insurance 

• Long term care 

• Disability Income Insurance

Simply knowing the various insurance policies doesn't help. Instead, you must know how each of these schemes works. 

Without adequate knowledge about each of them, you may not be capable of securing your finances, as well as the financial well-being of your family members. Read on to learn all you need to know about the various insurance policies. 

Life Insurance 

Life insurance is a Smart & Intelligent protection against financial loss that would affect the precocious death of an insured. The named beneficiary receives the proceeds and is thereby covered from the financial impact of the death of the insured. Even if you do not have any other means to pass on to your heirs, you can produce a legacy by buying a life insurance policy and naming your family members as beneficiaries. This is a great way to set your kids up for a solid financial future and give for any financial needs that arise. 

Products We Can Offer- Term Insurance- Return of Premium Term- Whole Life,- Universal Life- Indexed Universal Life- Variable Universal Life 

Income for Life

Income during retirement is extremely important to secure life span risk. Nowadays most of people are taking care of their health, so most probably, today's healthy 65- year- olds will live well into their 80s or even 90s. And recent data suggests that life prospects may continue to increase. Also, multiple small business owners make the mistake of believing that the sale of their business will give them a big enough benefit to cover their retirement. This is an impercipient presumption. And that’s where Income for life helps. 

Products We can Offer- Fixed Annuity-Indexed Annuity-Immediate Annuity Variable Annuity- Income For Life Annuity 

Auto Insurance

The Most Important & Required insurance coverage. Whether you are buying new insurance or renewing your current policy, you must make multiple opinions about what coverage you need and how substantial you can pay. It has to be the state's minimum liability and property damage coverage. More than anything else, you need to maintain auto insurance to keep yourself legal to drive. You risk losing your driver's license and fines for driving without it. Get into an accident without liability coverage and you could be facing enormous penalties including bills from the damages you caused. 

Products We Can Offer-  Personal Auto Classic Car Motorcycle Travel Trailer High driving Points or poor Credit Watercraft.

Home Insurance- 

One of the most important and Required insurance coverage. Owning a home costs a lot of money. The mortgage itself eats up a sizable chunk of your housing budget plus property taxes, furnishings, and insurance bump your monthly financial commitment even more. Homeowners insurance protects your home, which may very well be your largest investment, and gives you a sense of security. Home insurance isn't as price-competitive as auto insurance, but you can still save hundreds to more than$1,000 a year in premiums by shopping around. 

Products We Offer Primary/ Secondary Residences Single/ Multi-Family Landlord/ Rental Property Condo or Apartment Vacant or Foreclosed Property High driving Points or poor Credit 

Business Insurance -

One of the most important and needed insurance coverage for any business. It's also called commercial insurance. It's important to carry at least four general types of insurance when engaging in trade and commerce liability, property, employment, and auto. Business insurance is vital to financial and organizational stability because liability can quickly lead a business and its owners into ruin. Commercial insurance can cover your business from some of the more common losses experienced by business owners, such as property damage, business interruption, theft, liability, and employee injury. 

Products We Can Offer Commercial Property Retail/ Wholesale Business Hauling & Transportation Hotel & Restaurants Medical & Consulting Professional Liability 

Long Term Care 

Long-term care insurance can be a Valuable implement for making sure you do not consume your assets in retirement. Medicare and private health insurance programs do not pay for the majority of long-term care services. Long-term care is a general category for care related to physical, mental, social, and medical requirements in the event of significant physical or mental declines. LTCI can give personal and custodial care for an extended period of time. The detector for this is the help with or loss of at least two activities of daily living. These include six categories: bathing, dressing, eating, transferring, toileting, and continence. 

Products We Can Offer Simple Long Term Care Multiple Long Term Care Tax Qualified & Non-Tax qualified LTC with Life Insurance 

Disability Income Insurance

Disability insurance is one of the most overlooked fractions of coverage. It pays partial replacement of your income due to injuries or illnesses. Long-term disability insurance generally replaces up to about two-thirds of your income if you can no longer do your own job( or any job depending on policy terms). Per the Council for Disability Awareness, “ one in four 20- year- olds will become disabled before they retire. However, you may be surprised to discover that accidents are not generally criminal. Back injuries, cancer, heart disease, and other illnesses cause most long-term absences. It can cover your mortgage and car payments by providing you an income.