Customer Reviews

The Complete Idiot's Guide to Buying Insurance and Annuities

5 star:		(1)
4 star:		(3)
3 star:		(0)
2 star:		(0)
1 star:		(2)

 

 

This book has some good information, but after reading the section on annuities, I put the book down and refuse to read another word of it and do not recommend it to anyone. This is because the author fails to even mention that anyone can purchase an annuity with no surrender penalties whatsoever with many no load mutual fund companies. Sorry Brian, but that fact you left that out reveals your bias perspective, and is just plain unacceptable for a book like this. Shame on you.

this book should really be titled "Buying Insurance." there is almost nothing in it about annuities, which is the primary reason i bought the book. there is no explanation of guaranteed vs. current annuity rates, different provisions like MVA, etc. it did help me out with a couple of insurance topics, but if you are really sitting down and getting ready to actually make decisions or pruchase insurance/annuities, this book doesn't even begin to get you prepared for the real world. it's good bathroom reading for someone just curious about the subjects, but not a very practical book with real money/lives on the line. if you're a do-it yourselfer, or like to be prepared before meeting with financial professionals, i think you almost have to buy a few different books, one specializing in each subject.

For the insurance poor! If insurance is greek to you, this is a great book to have. It provides great simple explanations and illustrations. For the readers ease they included "jargon alerts" so you don't have to have a dictionary to read the book and "insider tips" to advice you even more. Makes for a great reference tool.

I found this book very informative. I was studying for my Life and Health exam with the State and the licensing manual, that the test was centered around, did not make any sense to me. But when I read the "The Complete Idiot's Guide to Buying Insurance and Annuities", I became an expert in insurance. I highly recommend this book to anyone who is thinking about getting into the insurance business, or who needs to know the "Why" about insurance.

This is a good investment if you are looking at establishing financial security and your plan includes insurance coverage. This will prepare you with some good common sense tips and easy to understand explanations. It is a quick read but worthwhile if you are totally new to this area.

This is a wonderful explanation of all the terms you need to understand before buying life insurance. Just bear in mind this one thing. The insurance company will always try to get more money out of you then you get from them. So, life insurance is a bad investment unless there is a catastrophe.