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New Jersey · Licensed agent
Life insurance and annuity agent serving all of New Jersey
Independent agent for term life, indexed universal life (IUL), annuities and retirement income planning in New Jersey. We compare multiple carriers and meet by phone and video anywhere in New Jersey.
Short answer: TrueFin Services is an independent life insurance and annuity agency licensed in New Jersey. We compare term life, IUL and annuity options from multiple highly rated carriers for New Jersey families, commuters and business owners, then help you apply.
Why people in New Jersey work with us
- High cost of living means income replacement needs to be sized carefully
- Many NYC and Philadelphia commuters rely on group life tied to one employer
- Pre-retirees want part of their savings protected from market drops
- Business owners need buy-sell funding and key person coverage
What we offer in New Jersey
Your consumer protections in New Jersey
- Regulator: the New Jersey Department of Banking and Insurance licenses agents and insurers and handles consumer complaints.
- Free look: every new life insurance policy and annuity comes with a free-look period, usually at least 10 days and often longer for seniors and replacements, when you can cancel for a refund. We point it out in your contract.
- Guaranty association: New Jersey's guaranty association protects annuities in payout status up to $500,000 and deferred annuities up to $250,000.
Agent tip: Your rate is locked to your age and health on the day you apply. Waiting a year usually costs more than the policy itself.
New Jersey life insurance and annuity questions
Are you a licensed life insurance agent in New Jersey?
Yes. Nagendra (Nag) Sonti is licensed to sell life insurance and annuities in New Jersey. You can verify any agent's license with the New Jersey Department of Banking and Insurance or through the NAIC's national lookup.
Can I buy term life or IUL in New Jersey without meeting in person?
Yes. We meet by phone and video anywhere in New Jersey. Applications are signed electronically, and many healthy applicants qualify without a medical exam.
How much does life insurance cost in New Jersey?
Price depends mostly on your age, health, tobacco use, the coverage amount and the term length, not your city. A healthy 35-year-old can often get $500,000 of 20-year term for less than a monthly phone bill. We compare several carriers to find your best rate.
Can I roll my 401(k) or IRA into an annuity in New Jersey?
Yes. A direct rollover into a fixed or fixed indexed annuity avoids taxes and the 20% withholding. We help New Jersey residents compare annuity rates, surrender periods and income options.
What protects my policy if an insurance company fails in New Jersey?
New Jersey's guaranty association protects annuities in payout status up to $500,000 and deferred annuities up to $250,000. Limits vary by state; see nolhga.com for details.
What if I move out of New Jersey?
Your policy or annuity stays in force when you move. We can keep serving you in any state where we are licensed, and we add licenses as clients need them.
Your price is based on your age and health today.
A free 10-minute call shows exactly where you stand. Straight answers, no obligation.