NJ and PA Life Insurance

Life Insurance can help protect your family and is an excellent way to
accumulate money for college, retirement or unplanned expenses. A person
should have life insurance that approaches six to eight times their annual
gross income. Under current laws, there is generally no federal income tax
on death benefits paid to a named beneficiary.

Using the strength and experience of our life insurance markets, we offer
affordable term life, whole life, and universal life insurance policies.

Life insurance coverage for a specified length of time. A term life
insurance policy is usually purchased with a particular need in mind.
Beneficiaries will collect, usually tax free, the face value of the policy
upon the insured (your) death. Term life is attractive for those with a
limited income, high short term insurance needs, or for personal
family protection.

If the insured survives the time period, the policy expires. There is no
cash value at the expiration of a term life insurance policy. Some
policies have a convertible feature permitting a policyowner to
exchange a term policy for a cash value policy without evidence of
insurability.

Level Term Life Insurance Policy Features

A constant death benefit and a level premium for a specified number of
years. We offer 10, 15, 20, and 30 year terms.

Click on the link below to fill out a quote request form for a Term Life
Insurance policy that will provide excellent life insurance coverage at
an affordable cost. Or speak with one of our Personal Insurance
Agent specialist at 609-466-5300 to discuss the features.

The most popular choice for those seeking to cover permanent needs, such as contributing to a
survivor's nest egg, paying off final expenses, etc. Whole life insurance provides permanent,
lifelong insurance coverage. The benefit amount remains the same and is payable to the
beneficiary(s) at the time of the insured's (your) death. It also offers an opportunity to build cash
value, so you can take a loan on your policy to fund major purchases or to provide for unexpected
costs.

Whole life insurance has a fixed premium and a level death benefit to age 100. The premiums
don't increase with age, which averages the cost of the policy over your life. The cash value
increases with time until it equals the death benefit at age 100. This type of policy never has to
be renewed or converted. The cash value is an amount of money that you are guaranteed to
receive in the event of policy cancellation.

Variations of Whole Life Insurance include:

Modified Premium - lower fixed premium for the first 3 or 5 years, and then premiums increase.
These policies work well for individuals that expect to improve their financial condition in the near
future.

Graded Premium - premium increases each year for the first 5 years, and then is fixed.

1. premium costs may make it difficult to buy enough

2. need to carry a whole life policy for a considerable length of time to be very beneficial

3. cash value may be less than your face value

4. cannot vary your monthly premium payment and the premium-paying period may be
lengthy

5. amount of coverage cannot be increased at a later date

1. guaranteed protection for life

2. level death benefit that is generally tax-free

3. premiums do not increase in correlation with your age

4. cash may accumulate tax-deferred

Click on the link below to fill out a quote request form for a Whole Life Insurance policy that will
provide excellent life insurance coverage at an affordable cost. Or speak with one of our
Personal Insurance Agent specialist at 609-466-5300 to discuss the features.

A flexible premium policy that combines protection against premature death with a savings
account that typically earns a money market rate of interest. A universal life insurance policy is a
combination of term life insurance protection with the cash savings value of whole life insurance.
Interest rates paid on the cash value are typically higher than with whole life insurance because
they tend to follow the markets.

Premiums for universal life insurance policies can be paid in a lump sum, annually, or anywhere in
between. Interest on the cash value is usually guaranteed, but will vary according to the
investment performance. Each month deductions are made from the cash value fund to support
the costs of the insurance protection. As long as the cash value is substantial enough to maintain
the monthly costs, the policy will remain in force. Typically the death benefit reduces in proportion
to the increase in cash value, thus causing a level death benefit.

Variable Universal Life Insurance Policy Information

Combines the growth potential of stocks with a guaranteed death benefit. It allows premiums to be
paid, reduced, or even skipped at any time, and the contract will not lapse as long as sufficient cash
value is available. The cash value fund can be split between different investment mediums, such as
bond funds, stocks, and money markets. It's interest-sensitive and allows for an adjustable death
benefit.

Click on the link below to fill out a quote request form for a Universal Life Insurance policy that will
provide excellent life insurance coverage at an affordable cost. Or speak with one of our Personal
Insurance Agent specialist at 609-466-5300 to discuss the features.

**The information, pictures, and other content in this website about particular insurance services is only
provided for informational purposes. Any decisions regarding your insurance needs should be discussed
with a licensed insurance agent.

New Penn Insurance Associates

83 Princeton Avenue

Suite 3D

Hopewell, New Jersey 08525

Mercer County, NJ

(609) 466-5300

Toll Free: (800) 927-7475

Fax: (609) 466-7289