Baby Boomer InsuranceUncategorizedJanuary 20, 2016As a baby boomer, you may find that you are approaching or already at the age of retirement. You may be considering the option to relax and enjoy the rest of your life but may have financial concerns for yourself and your loved ones. We at Pacific Insurance Broker Inc. would like to provide a few recommendations specifically for you to save you more money and gain peace of mind knowing you and your loved ones are always protected. Life insurance is one of the most important aspects to consider with regards to financial concern in the event of injury or death. Considering Universal life insurance is a great way to protect yourself and loved ones financially. We recommend considering purchasing life insurance before it’s absolutely necessary as premiums are generally higher as your age and as they say; the early bird gets the worm. Long Term Health Insurance is just as important to maximize quality of life as you age. With age comes a lot of unexpected challenges that need to be covered. Whether it be daily activities or an unexpected illness, long term care should be considered in order to insure that you live comfortably even with the challenges of age. Retiree Discounts may apply to your insurance policies. Some insurance companies give up to 5% discount! Feel free to contact any one of our qualified insurance professionals if you wish to see if you apply. Multi-line insurance considerably lowers your annual premium rate. As you age and accumulate wealth, it is important to keep and protect it. You may want to consider insuring your home, vehicles and businesses together. Some insurance companies offer discounts of up to 20% for simply insuring under the same company. Keep your home insurance up to date. Invest in ways to protect your home such as updating utilities, installing a security alarm system, installing a sump pump or automatic shut off valve, flood and earthquake proofing your home, etc… This will give you peace of mind and will save you money on your insurance premium as often insurance companies give up to 20% discount as an incentive for home-owners to actively invest in protecting their own homes. It is never too late to consider protecting yourself and your loved ones. If any of these tips resonate with you, feel free to contact us at Pacific Insurance Broker Inc. to see how we can assist you in putting together a complete package to properly fulfil your insurance needs.