For people considering Life Insurance, Long Term Care Insurance, and Annuities, there are some new products in the market.  If you are looking in New Jersey or New York for financial planning products and insurance that cover several needs, call us at 1-800-548-2329 or contact us through this website.  Here's a brief summary.

One of the concerns about buying a financial product has always been, what if I put money into one product but eventually come to need another?  

Traditional whole life or other cash value life insurance products can handle that issue, but they look expensive when you're young and need a lot of insurance to cover your future income.   Term life insurance is initially cheap, has become very popular. but doesn't build up cash you can use later.

Long Term Care Insurance can be vitally important, but if you don't need it the premiums are gone.

Annuities are the right product for some situations, but may tie up money you need.

However, some of the largest "A" rated life insurance companies are bringing out products that are intended to make sure you get the use of your money one way or another.  They give you the opportunity to choose to buy life insurance, or long term care, or as an annuity with interest on your money.  These products are intended to be used later in life when you have some money to put into them in a lump sum, and you have to review them carefully to understand what you are buying.  But they can be an excellent way to cover multiple possibilities and make sure you (or your family)  get full value from your money.  Call us or contact us to talk about whether these combined products make sense for you.