Must-Read Books on Insurance

6 Must-Read Books on Insurance in 2018

The unpredictable nature of life often forces us to reconsider what’s important to us and what’s not. Just as we rely on our friends and family for comfort in times of distress, insurance is the one thing that offers financial support when we need it the most.

Insurance has quickly become one of life’s essentials in the 21st century. This is reflected in the industry’s tremendous growth over the last two decades. With more and more people realising the benefits of being insured, it’s time to take a closer look at what could potentially be the most important financial investment you will ever make. Here is a list of the latest books that you will find useful.

Whether you want to gain a deeper understanding of the principles of insurance or develop key skills to become a successful insurance agent, these titles are ideal for readers from all backgrounds.   

1. Questions and Answers on Life Insurance: The Life Insurance Toolbook

Author – Anthony Steuer

Published – 2015

If you are looking for a practical book to guide you through the basics of life insurance, this book is an excellent first step. Set in a question-answer format, Anthony Steuer analysis all aspects of insurance with a fine comb.

Although written for consumers, the book will also help agents better understand their customers’ needs and enhance their customer service skills.

Key Takeaway

You can gain insight into the industry, as a professional or a beginner, as the author offers an objective viewpoint.

2. Confessions of a CPA: The Truth About Life Insurance

Author – Bryan S. Bloom

Published – 2011

This book uncovers the financial principles of life insurance and offers a thought-provoking option to help enhance the quality of our retired life. Written from the perspective of a Certified Public Accountant (CPA), Bryan S. Bloom ensures that readers from all backgrounds relate to what he has to say.  

Key Takeaway

The book explores uncommon strategies that policyholders can leverage to derive maximum value from their life insurance scheme.

3. Insurance for Dummies

Author – Jack Hungelmann

Published – 2009

Through this book, author Jack Hungelmann offers a comprehensive guide to life, health, auto, and all other types of insurance for beginners. It is a handy tool that will help you make sense of complicated policies while offering step-by-step guidance and expert advice.

Key Takeaway

Insurance for Dummies simplifies the process of buying a policy. The simple, interactive language of this book makes it easy to read and understand.    

4. Insurance: Best Practical Guide for Risk Management, Property, Liability, Life and Health with Concepts and Coverage

Author – James Stevens

Published – 2016

A bestseller by James Stevens, this book will help you build a strong foundation in insurance. It speaks to individuals looking to find the right policy, and at the same time, the book can be used as a guide to launch a career in insurance. The author approaches insurance from the outlook of risk management. This helps readers analyse their life and gain a deeper understanding of what they need.

Key Takeaway

The book stresses the importance of understanding the principles of insurance.

5. So You Want to Be an Insurance Agent

Author – Jeff Hastings

Published – 2013

In the 3rd edition of his book, Jeff Hastings shares his secret to finding success in the insurance industry. The book offers a comprehensive system that will help you develop a successful business. It is a must-read for those who want to succeed as an insurance agent or set up a business in this field.

Key Takeaway

You will be able to understand the inner workings of the industry while implementing innovative tools for success.  

6. Busting the Life Insurance Lies: 38 Myths and Misconceptions that Sabotage Your Wealth

Author – Kim D. H. Butler and Jack Burns

Published – 2016

This book focuses on clearing out all common misconceptions about life insurance. Kim Butler and Jack Burns bring in their combined experience of 50 years to break down 38 biggest myths about life insurance and address concerns of consumers.

Key Takeaway

Not only does this book bust misconceptions about life insurance, but it also explores how consumers can leverage their insurance policy to offer financial assistance during their lifetime.    

All of the above-mentioned books offer rich insights into the industry and are ideal for professionals and beginners alike. Explore these titles to widen your knowledge base and choose the right insurance policy for you and your family members. You can also go through several comparison websites to make sure you choose the best insurance plan.

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