Insurance Investment Vehicles – Personal Financial Book Review

Most people don’t want to think about life insurance, and they certainly don’t want to think about dying. And then there is that famous quote; “I don’t want to be worth more dead than I am alive, otherwise someone might get a big idea.”

Since no one wants to talk about it, and it makes it very difficult to sell life insurance. But consider if you will using this type of insurance as an investment vehicle, one that will provide for you in your retirement years, and one that will take care of your family once you are gone; if you think of it that way if the double win.

If this topic interests you, but you really don’t want to talk to a life insurance sales person right now, then perhaps you need to do a little bit of research, and perhaps, buy a few books on the topic. Indeed, I have a few books like this in my personal library. One that I like to recommend to you right now. The name of the book is;

“Life Insurance Investment Advisor; A Guide to Understanding and Selecting Today’s Insurance Products” by Ben G. Baldwin and William G. Droms, 1988.

This book is a wonderful book and it discusses all types of life insurance, broken down by section and chapter. A good part of the book is about Annuities along with;

Whole Life Variable Life Universal Life

The book also discusses taxes, trusts, and other strategies. Yes, it is true the book is somewhat old, but nevertheless, the fundamental theory behind life insurance as an investment vehicle remains the same. And there have been lots of law changes, but the book also has a chapter on the future, which now is the present. And it presents some good philosophical arguments, and this book is well balanced with both the pros and cons. Therefore, I’m going to have to recommend it to you.

By: Lance Winslow

About the Author:

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