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New Life Insurance Investment Advisor: Achieving Financial Security for You and your Family Through Today's Insurance Products Hardcover – August 15, 2001
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From the Back Cover
Today's Most Authoritative Resource on Term Life, Whole Life, Universal Life, Variable Life, and Moreand Which Products Are Best for You and Your Family
Life insurance has evolved from a sleepy, slow-growing financial product into one of today's most dynamic, adaptable investment vehicles. From the simplicity of term life to the complexity of variable universal life, the choices seem nearly as endless as the possibilities.
The New Life Insurance Investment Advisor, Second Edition, explains how to analyze insurance products based on their investment merits and overall financial returns, and gives you the facts you need to make the logical, financially intelligent insurance decision. This clear, authoritative resource for consumer insurance information avoids financial double-speak and endless calculations to give you hands-on information concerning:
- Optimal insurance products for different life stages
- Innovative techniques to use the capital hidden in your policy
- Where to find the best dealsand avoid getting burnedbuying insurance on the Internet
Life insurance has truly become life insurance, meant to provide financial benefits throughout your entire life. Let The New Life Insurance Investment Advisor introduce you to the many facets of today's life insurance landscape, and show you how to invest in a policy that will pay you today, tomorrow, and well into the future.
"The New Life Insurance Investment Advisor does not treat life insurance academically. It is a consumer's handbook. The objective is to provide the consumer with an understanding of the various life insurance policies available, how to choose among them and, most importantly, how to manage them once they own them."
From Chapter One
Life insurance has become an integral component of the average family's investment portfolio andas one of today's more informed, demanding consumersyou rightfully require a thorough understanding of how and where your money is invested. The New Life Insurance Investment Advisor, 2nd Edition, provides you with that understanding and more.
This top-rated consumer reference guidebooknow comprehensively revised and updated for 21st-century life insurance wants and requirementspulls back the curtain to reveal the inner workings of today's insurance industry. It goes beyond the mortality benefits of life insurance to describe the cash value aspects of life insurance, and techniques and strategies you can use to create an ongoing and accessible financial resource.
Term Life Insurance ... Whole Life ... Universal Life ... Variable Life ... Variable Universal Life ... All types of life insurance are covered in detail, giving you as muchor moreknowledge than the majority of insurance sales representatives. But beyond simply providing product knowledge, The New Life Insurance Investment Advisor gives you the practical, hands-on expertise to know which product will work best for you, and your unique situation. Use its plain language, no-nonsense descriptions to determine:
- Your place in the life insurance products matrix that professional financial planners and insurance salespersons follow
- How and why to change coverages when you find a better dealand what exactly constitutes a better deal for you
- Strategies to assure yourself a steady income stream through your retirement yearsplus a substantial, guaranteed life insurance benefit
Life insurance doesn't have to be complex or intimidating. The New Life Insurance Investment Advisor, Second Edition, explains life insurance in clear, logical terms, terms you can understand and use when making your insurance decision. Completely updated to reflect today's transformed financial environment, it is the best and most authoritative guidebook on the market.
About the Author
Ben G. Baldwin, CLU, ChFC, CFP, is president and owner of Baldwin Financial Systems, a registered advisory firm serving both individual and corporate clients. The winner of numerous sales awards throughout his career and a former member of the Board of Governors for the Certified Financial Planner Board of Standards, he has consulted for major insurance companies including New York Life, Transamerica, Prudential, CNA, AIG, ING, AXA, and Equitable. Along with the first edition of The New Life Insurance Investment Advisor, Baldwin also wrote The Complete Book of Insurance and The Lawyer's Guide to Insurance.
More About the Author
Top Customer Reviews
I ordered this book when I was applying for Life Insurance, based on the investment strategy in Douglas Andrew's book, "Missed Fortune 101". I wanted to review another reference on life insurance to learn more about it, and to corroborate Andrews' strategy. This is the only other book I could find that discussed LI from a financial investment perspective. This is a very comprehensive book about LI. It's a large book, and so far I've only read portions, skipping around to the areas I needed to understand the type of policy I was applying for, and to justify in my mind that indeed it was the right one for me (I'm working with a financial planner who recommended a particular plan, and has largely focused his practice on Doug Andrews' strategy). This book gave me a lot of the information I needed to ask my agent questions about my policy. In fact, he was impressed with my questions and wanted the name of this book.
This is a very easy to read book, with plenty of *understandable* tables as examples. I have also found it to be very objective, discussing the tradeoffs of the different types of policies, and discussing in what personal situations a particular policy might be best. The intent of this book is clearly educational - there's no hidden agenda or bias that I can detect. The author has CFP, CLU, and CHFC credentials.
Finally, and very importantly, this author stresses the need to manage your life insurance policy over time, as you would any other investment - especially the flexible aspects of policies, and including, where necessary, 1035 transfers to a more appropriate policy.
Most Recent Customer Reviews
A good book but somewhat dated as its information is 13 years old. If you're looking to better how life insurance is structured to work financially then I'd recommend this book. Read morePublished 6 months ago by Frank E
Its okay, but the information is based most of the times about the time the Life Insurance industry awakened up in the 80-90's. So many things are very different now. Read morePublished 13 months ago by Amazon Customer
Though not necessarily an easy read, this book should be required reading for all life insurance investment advisors. Read morePublished 14 months ago by S. E. Potts
I am not a Certified Bank on Yourself agent. I have been a licensed life insurance agent for over forty-five years. Read morePublished 20 months ago by Willard R. Brumbaugh
this book was very well written. but i gave me a headache thinking about my life. i have decided to live on the edge and stare death in the face, no insurance, no seatbelts, no... Read morePublished on July 11, 2013 by lance ramrod
Is a good read for anyone in the Life side on the insurance business. It will help you re-frame your thinking.Published on April 12, 2013 by Bravo Delta Whiskey Whiskey
Equity Indexing: The Insurance Industry's Secret Weapon Against Stock-Market Risk
This is a very descriptive writing. Read more
Very good summary of the products available and how to use them. Wish I would have had this book before I purchased investment grade life insurance - it would have saved me a... Read morePublished on June 28, 2010 by Stephanie Doolan