Financial Services

Miller Insurance & Financial Services offers a complete line of insurance and financial products and services ranging from life and disability income to group life and health insurance. These products and services are designed to provide solutions to your personal and business financial needs, including:

Annuities

Introducing the Erie CD Annuity!!!
Features & Benefits to You!

• Preservation of Principal / Capital
  
• Minimum Interest Rate Returns
  
• High Current Interest Rates with Interest Rate Lock-in periods.
  
• Interest Accumulates on a tax-deferred basis.
  
• Interest Only Option Available
  • You maintain ownership and control of the Principal and you may elect to receive monthly interest checks after 30 days.
    
• Flexible Interest Rate Lock Options
  
• Monies can be left to a beneficiary
  • Generally does not get locked up in a probate court.
    
• Great Savings Vehicle for use with a Charitable Remainder Trust
  • The principal is paid to your favorite charity after you and your spouse no longer need it, in he mean time you are still being paid the interest during your lifetime. The principal is not included in your estate for tax purposes.
    
• Backed by the financial strength of A+ rated
  
  • Erie Insurance Group with over $10 Billion in Assets.
    
• Also backed by state guarantee funds in most states. Please see your state for guarantee limits or call us.

Buy / Sell Protection

If you have a partner in business, you have a need for insurance so that in the event of death or disability, you can buy out your partner's interest without having to take out a loan or liquidate company assets. This is also important where children and taxes are involved.

Estate Planning

The primary objective of estate planning is to make sure your estate - the sum of your wealth and property - is passed on to the people you designate in the form you choose. Good estate planning should protect your estate from legal liability and the associated costs that may seriously diminish the value of the inheritance you wish to provide for your loved ones. Estate planning services should also focus on how to minimize the tax burden on your estate and for your heirs. And finally, astute estate planning services will help you prepare for contingencies and guard your estate against unexpected emergencies, so you may rest assured that the wealth you've worked so hard to build will be available for your family and survivors.

Individual Life

Life insurance from Miller Insurance & Financial Services can help you secure your family's financial future by providing the funds they need to: cover burial expenses, uninsured medical bills, pay off your mortgage and other outstanding debts, and maintain a comfortable standard of living.

There are a variety of life insurance policies that we can provide. The kind of policy you choose depends on your needs:

 

Guaranteed Universal Life and Second to Die Universal Life

These are the lowest cost permanent life insurance policies on the market today. Let Miller compare our financially sound and strong companies to find the most competitively priced coverage for you.

Term Life

Term Life Insurance is a low-cost way of providing maximum coverage for your family. Protection is provided for a limited number of years. The insurance expires without value if the insured lives beyond the policy period, usually 5 to 20 years. Other policy life periods are available, including 1 year annual renewable term.

Term insurance premiums will not increase during the guaranteed policy time period (term) you select. Term Life Insurance pays a death benefit only if you die during that term. Term insurance generally provides the largest insurance protection for your premium dollar.

Term Life Insurance remains in force for as long as premiums are current, provided there are no misrepresentations on the application. The insurance coverage terminates if you discontinue your premium payments.

Whole Life

Whole Life Insurance provides permanent protection for the whole of life - from the date of policy issue to the date of the insured's death, provided that premiums are paid. Premiums are set at the time of policy issue and remain level for the policy's life. Unlike term insurance, whole life combines insurance protection and savings or cash value which builds over time. Cash value build-up may provide a source for living benefits, for example, helping pay off a mortgage, or a child's education, or cash surrender value if the policy is ever cancelled.

These products are continually changing and we can provide you with the latest information and policies available!

Individual Long-Term Care (LTC)

Long-Term Care is the type of care received either at home or in a facility, when someone needs assistance with activities of daily living, such as bathing and dressing due to an accident, an illness or advancing age.

Rising life expectancy means that the potential need for "long-term care" grows with every passing year of your life. The likelihood is that you or a member of your family will need long-term assistance due to a prolonged illness, a disability, or general deterioration of your health and ability to perform routine daily activities. Most long term care expenses are not covered by Social Security or Medicare, Medicare Supplement ("Medigap"), or private health insurance. Medicaid pays for nearly half of all nursing home care, but you must meet federal poverty guidelines and may have to "spend down" most of your assets on health care.

Key Person Coverage

Your key employees are your most valuable business asset. Their skill, knowledge and experience are your real profit makers. Without them, the success and growth of your business could be in jeopardy. Key employee insurance is designed to protect your business from the adversities associated with the loss of a key employee, manager or executive. The death or disability of a key employee could result in a substantial financial loss due to hiring and training a replacement, lost sales, and/or slowed production.

Group Life

Life insurance is an integral part of most employee benefits packages. When provided by an employer, employees appreciate the value of life coverage and the additional security it provides to their families.

Employers have a wide variety of optional plan designs to customize a Group Life plan. Optional coverages include Voluntary Life insurance, Supplemental Life coverage, Accidental Death and Dismemberment policies, and Dependent Life insurance. The premium paid for Group Life is generally a business deduction, and this stand-alone contract is usually less expensive than the life coverage provided with medical insurance.