Individual Life Insurance
The right individual life insurance plans are pivotal for planning the future you want for yourself and loved ones. Individual life insurance plans help you fulfill promises even after you are gone. That’s why it is best to not leave the future of your loved ones to chance. James D. Miller Insurance Services can help you find the right coverage that will continually meet your needs.
Individual life insurance plans can help provide supplemental benefits, such as estate planning and tax-deferred savings accounts for those living in Rutherford, NJ and the Tri-State Area. James D. Miller Insurance consultants are here to help you weigh all your options.
Life insurance should be an essential part for any financial plan – It helps protect your loved ones’ futures in the event of an unforeseen circumstance. Death benefits are typically federally tax free, and helps beneficiaries cover any necessary costs, including estate fees, burial costs, or helping pay for your children’s college education. Life insurance can also leave behind a legacy to help support the ones you loved, whether it’s a cause, family, or other loved ones.
Those who may benefit from an individual life insurance policy include:
- Individuals seeking greater limits of insurance than what is available through your offered group plan
- Individuals looking to leave an impact on the lives of loved ones, family members, or special causes
- Individuals that require a permanent death benefit to ensure a special love ones needs are taken care of, or require assistance in estate planning
- Individuals who are ineligible for group life insurance due to health or any other reason
What We Do?
- Term Life Insurance
- Whole Life Insurance
- Fixed Universal Life Insurance
- Survivorship Term Life
- Guaranteed Issue / Simplified Issue
Types of Insurance
Choosing the right type of life insurance is one of the most important decisions you can make. Many people also find this to be a very confusing process, due to the many different types of life insurance products on the market. We have prepared this brief guide to help you better understand your options.
Simple and affordable, Term Life Insurance provides coverage for a certain number of years (the “term”), for example 5, 10 or 20 years. Term Life plans have fixed premiums for the length of the policy.
Often a key part of retirement planning, annuities offer tax-deferred earnings followed at some point by periodic payments to you, paid out over a certain period of time. Some Annuities include a death benefit for your beneficiary.
Whole Life Insurance provides coverage for the entire lifetime of the insured, regardless of how many years that entails. as long as the premiums are paid. Whole life policies have guaranteed premiums, a death benefit and a cash value.
Survivorship Term Life
Survivorship Term Life is Term Life Insurance which covers two people, generally a husband and wife, under one policy.
Fixed Universal Life
Fixed Universal Life Insurance offers protection for your family and your estate along with the opportunity to earn interest on your policy’s cash value at a fixed rate.
Guaranteed / Simplified Issue
Guaranteed Issue Life Insurance may be an option if you have previously been been turned down for life insurance due to a serious medical condition.
Simplified Issue is a type of life insurance which is processed quickly and does not require a medical exam.
See a Full List of Individual Life Insurance Providers
Call us today at
to schedule a FREE consultation!
Contact JD Miller Insurance today to secure your loved ones’ future. We are more than happy to sit down and evaluate your needs to create a customized individual life insurance solution for you. Don’t wait, for you never know what tomorrow will bring.