Life Insurnace

Life insurance is among the most difficult and most necessary for a person to purchase. It’s hard to face your own mortality. In attempting to provide for your loved ones after you’re gone, you must face the fact that no one is guaranteed tomorrow.

We understand how difficult this decision can be and are here to help you make the right decision for your family based on your individual circumstances. In addition to offering education about your options, we’re here to help you decide the best type of insurance and amount of coverage for your situation.

Types of Life Insurance Policies

You might be surprised that there is no one life insurance policy that works perfectly for everyone. Your insurance coverage needs are different from those of your neighbor and even many of your coworkers. That’s why it’s so important to work with an independent agent in New Jersey who will walk you through your options so that you can make informed decisions about your life insurance purchase.

Term Life Insurance

For most adults purchasing insurance, this is the great decision to make. Term life policies allow you to lock in your rates for a specified term, typically five to ten years. Once that term ends, the policy ends. You have the option of purchasing another policy at a different price and, potentially, for a different term. Subsequent policies are almost always higher prices and if you’ve had a health scare or developed certain health conditions in the midst of a term you may be turned down for renewal.

The upside for term policies is that during the time when your family relies on your financial contribution most, you’re normally able to purchase coverage at a lower price. As your children get older and begin families of their own and your financial circumstances become more stable; the odds are good that you won’t need as much life insurance coverage to protect your family.

Whole Life Insurance

This policy is outstanding for anyone that can work it into his budget. It is best purchased early in childhood when the rates are low. The beauty is that those low rates are locked in for life – as long as you continue to pay the monthly fee, your rates will never increase.

Even as a young adult the rates may be quite affordable. The younger you begin a whole life policy, the more affordable the policy is. Over time you can borrow against your policy for things like making down payments on a home or paying for some of a child’s education.

Hidden Benefits of Life Insurance

While death and taxes may be the only certainties in life, life insurance can spare your loved ones the pain of watching their inheritance dwindle to zero from inheritance taxes. Most possessions that are left to loved ones as taxed heartily unless they are left in a trust. Death benefits from a life insurance policy, however, are not subject to these taxes. This means your loved ones are getting the full force of the assistance you intended for them.

Johl & Company Can Help You Understand Your Life Insurance Options

The ins and outs of life insurance can be a little bit confusing. Let Johl & Company help you decide the best course of action for life insurance coverage. We’re here for you now and later in life as your circumstances and life insurance needs change once again. A good rule of thumb is to review your policy at least once a year to make sure that your policy continues to be a good match for your needs.

Call Johl & Company today at 877-774-7382 to get a free, no obligation life insurance rate quote and to ask any questions you may have about your coverage needs.

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Contact us today for a free quote for both personal and business coverage.

What Our Clients Say

  • reviews

    I would like to start by saying my experience with your agency has been amazing. I have been a customer for a few years. When I first stepped foot in your office I was close to loosing my car insurance coverage with my old provider, some places were turning me away and I was receiving high quotes from other companies. Your agency was the only one that took their time with explaining my options and providing the best insurance coverage that suits my needs. Your knowledge in this field helped to educate me with my decisions.

    – Yadira B, Garfield, NJ

  • reviews

    Just a few words of appreciation. The Kozma/Johl Insurance agency have insured my home and automobiles etc. for the past fifty years, during this period I had a few problems which were resolved without incident. The agencies associates were very professional in resolving these claims and I was more than satisfied with the results.
    Furthermore I will recommend the agencies services to my family and friends without reservation. Once again thank you

    – Carl H., Elmwood Pk, NJ

  • reviews

    Two years ago, I needed insurance for my newly purchased condo. When I reached out to my good friend Drew Stolz for advice, he not only assisted but was also able to get me car insurance, bundled with the condo policy for a cheaper price! He immediately found an affordable plan and explained all the details in ways I could understand. Every year on the annual date, he looks to find the best coverage plan and also one that is the most affordable. I am so grateful for Drew’s assistance.

    – Kim L., Granby, CT

  • reviews

    I have been a customer of Johl & Co for many years, both for my business and personal insurance. Over the entire time, I have been treated with best in class service along with competitive rates. Everyone at Johl that I have dealt with over the years has always been able to address any question, claim or concern in the most prompt professional manner. I would strongly recommend Johl & Co. to anyone for all their insurance needs.

    – Bob K., Englewood Cliffs

  • reviews

    As far as the John Johl Company, I have been a customer for I want to say like 22 plus years. I have been more than satisfied not only with the coverage , but with the service as well. You are there when I need you and you take the extra step to ensure the best coverage and the best options for Kathy & my peace of mind.
    Geiko , Progressive who ??? I Always refer you…..

    – Mark N., Lyndhurst, NJ