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Insurance
Life Insurance
Permanent Life Insurance
Many people question whether they truly need the protection that life insurance offers.
Life insurance is an investment in the future of your family. Life insurance provides guaranteed protection and ensures that your loved ones won’t bear the burden of unpaid debt, coupled with the loss of income.
At Feller Financial, we’re a family — we understand your needs and specific circumstances. Most of all, we know all too well that life can change in an instant. That’s why we’re committed to providing families like yours with the right support and protection. Secure the future of your family with a guaranteed and comprehensive life insurance plan.
Term Life Insurance
Term life insurance is savvy insurance that’s simple and affordable to maintain. Its key advantage is a fixed amount of insurance coverage for a specific period.
In the event of an untimely passing, term life insurance provides your beneficiaries with a tax-free benefit. Whether you simply want a base amount to cover immediate expenses or you want to upgrade to increased coverage at a later time, term life insurance provides customized protection for your changing needs.
Permanent life insurance is a smart investment that grows along with your needs and lifestyle.
An early investment provides a key advantage in long-term savings as premiums often remain the same. But that’s not all; your permanent life insurance contributions can be paid up in as low as eight years, with the most common term being twenty years. After a while, coverage is guaranteed – essentially, it’s paid for life.
Disability Insurance + Critical Illness Insurance
Many of us understand the importance of life insurance, the reality is that insurance against an accident or disease that prevents you from working is arguably ever more important.
There are two main options: long-term disability (LTD) and critical illness (CI) policies. Both pay you money in case of an illness or disability, but they do it in different ways. Disability insurance provides a monthly income if you’re unable to work due to a serious injury or illness, while critical illness insurance pays out a tax-free lump sum payment following the diagnosis of one of twenty-five illnesses covered by your policy. We help ensure you and your family are protected in the event of an accident or critical illness.
Mortage Insurance
Mortgage insurance works by paying off the outstanding principal balance of your mortgage, up to a certain amount, if you pass on.
With mortgage insurance, the money goes directly to the bank or lender to pay off the mortgage – and that’s it. There’s no extra money to cover other expenses, and you don’t get to leave any cash behind to your beneficiaries. With individual life plans, you can own and control the plan, as well as where your funds will go.
