Felipe Parker, Life Insurance Agent

About Me

Hello there! I'm Felipe, a life insurance advisor serving our community. My mission is to take the confusion out of life insurance and replace it with clarity and confidence. Whether it's protecting your family, your income, or your future, I'm here to help every step of the way.

Get in touch with Felipe using this form

Q&A with Felipe Parker

What happens to my life insurance if I change jobs?

Answer: There are two ways to own life insurance: individually or through an employer. If you only have coverage through your job, you will lose it when you change employers.

While employer policies are an excellent benefit, you should also maintain a private policy. It is best to put something in place now since rates go up as you get older.

What is the most common mistake people make when buying life insurance?

Answer: They failed to consider the correct death benefit amount. You must plan ahead. Buying more coverage later will cost more, and you might no longer be eligible.

Are life insurance premiums tax deductible?

Answer: Generally, life insurance premiums are not tax deductible. If a premium is deducted (such as when an employer pays it as a business expense) the resulting death benefit typically becomes taxable.