Products
For Individuals
Annuities are unique investment products, sold by insurance companies, that can help you save more for retirement, generate a stream of income in retirement or both. Annuities have helped millions of people prepare for retirement, but because there are different types with different purposes, they can be confusing. Annuities generally fall into two distinct categories: deferred annuities for future retirement and immediate annuities for current retirees.
Disability Insurance replaces a portion of your income if you become disabled and are no longer able to work. Individual policies will often cover up to 60% or 70% of your salary. Benefits typically last for a set number of years or until you reach retirement age.
Life Insurance
- Term Life Insurance has the lowest initial premium for maximum immediate protection.
- Universal Life Insurance has flexible premium payments with adjustable death benefits.
- Whole Life Insurance has higher premium but offers equity buildup, tax deferrals and future estate protection.
Long Term Care Insurance is an insurance product that helps provide for 
the cost of long term care beyond a predetermined period. It covers care generally not covered by health insurance, Medicare or Medicaid. Benefits can be paid for care received in a home or facility setting.
Click here to listen to a National Public Radio Health News Report about "How to Shop For Long-Term Care Insurance" which contains interviews with Baker clients.
For Business
Life Insurance
- Group Life Insurance Plans would cover all employees and could be based on a flat amount or multiple of salaries.
- Individual Life Insurance for key man, stock redemption or executive protection is usually written in larger amounts than group insurance.
Group Long Term Disability and Short Term Disability Plans may be either employer paid, employee paid or a combination of both. An LTD plan will typically replace up to 60% of salary and usually last until normal SS retirement age.
Group Medical and Dental Plans are offered from the following companies: Assurant Health, Blue Cross, Fallon Health Plan, Guardian, Harvard Pilgrim HealthCare, MetLife, TrustMark, Tufts Health Plan.