Wondering what kind of insurance to get? Or how to handle an insurance problem?
Life insurance is quite complex. Most people think that its just a matter of buying an insurance plan from an agent, but, there are many other considerations such as: survivors needs, estate tax issues, compensation and benefits, business succession, wealth transfer just to name a few. We gathered the best books for you to reference when navigating life insurance issues.
1. Questions and Answers on Life Insurance: The Life Insurance Toolbook by Tony Steuer
Tony Steuer’s book is an excellent introduction to the complex world of life insurance. In his easy-to-understand Question & Answer format, Steuer paints the big picture and fills in the details that one needs to understand life insurance products and how they work.
2. New Life Insurance Investment Advisor: Achieving Financial Security for You and your Family Through Today’s Insurance Products by Ben G. Baldwin
Life insurance doesn’t have to be complex or intimidating. Ben Baldwin’s completely revised and updated guidebook makes it clear and logical, discussing how to analyze insurance products based on their investment merits and best overall financial returns. This clear, authoritative resource for consumer insurance information covers the pros and cons of Internet purchases, techniques to use capital within a policy, the fixed premium feature, insurance for different stages of life, and the new emergence of immediate annuities.
3. Tools and Techniques of Life Insurance Planning (Tools & Techniques)by Stephan R. Leimberg
The Tools & Techniques of Life Insurance Planning is a great guide for any insurance or financial planning professional. It’s also very easy to understand.
4. Insurance for Dummies by Jack Hungelmann
This book not only tells you what kind of insurance to get for your situation, it also helps you handle situations in which insurance is difficult or impossible to come by.
5. Life Insurance, by Dorlan H. Francis
Dorlan Francis approaches the subject from a social and philosophical point of view-long overdue in a financial marketplace where quick gain and speculation have overtaken long term aims and commitment. Dorlan clearly and finally puts to rest the fallacy of the “buy term and invest the difference” theory. In the process of so doing, he exposes the profound meaning of life insurance in a manner that transcends the intended purpose of his book and creates a capital work on the subject.
6. The Life Insurance Life Preserver by Daniel A. Bassani
The first half of this book is written in a simple style to help the reader easily understand the different types of life insurance without overwhelming graphs and mind numbing charts. The second half of this book will take the reader on a journey across kitchen tables and experience real life stories of some of the disasters and pitfalls that many of the people we have met, made. It also includes some good and happy endings of some of them, as well. It will shed light on the dangers of misinformation or lack of knowledge on this important subject.
7. Life Insurance Made Easy: A Quick Guide – Whole Life Insurance Policy and Term Life Insurance Coverage Questions Answered By Martin Sterling and Rhonda Eason
This book is a quick and easy guide for the average person in understanding life insurance coverage. We review the most common life insurance coverage in simple “straight to the point” language.