A user-friendly guide to making expert decisions on life insurance policies.

*Amazon Bestseller in Life Insurance* A user-friendly guide to making expert decisions on life insurance policies Need help facing the constant barrage of information from competing life insurance companies? With thirty-five years of experience in the life insurance business, Tony Steuer delivers a practical, one-of-a-kind resource for anyone involved in choosing or monitoring a life insurance policy. This guide helps make a complex financial product understandable for consumers and is an essential reference, textbook, and training manual for financial advisors. Using a simple question-and-answer format, Steuer covers the essential basics and the finer points of life insurance, including how to: Differentiate between types of policies Find and evaluate a policy and company Hire a trusted agent Understand the practice of underwriting Monitor a policy’s performance With all the advice to help you avoid unnecessary pitfalls and unpleasant surprises, Steuer’s guide will help you make informed, confident decisions and gain the maximum benefit from your life insurance policy.

A User-Friendly Workbook to Making Expert Life Insurance Decisions Need help facing the constant barrage of information from competing life insurance companies? With twenty years of experience in the life insurance business, Tony Steuer delivers a practical, one-of-a-kind resource for choosing the best life insurance policy for you or your family, whether you currently have a policy or not. Step-by-step, he leads you through the process of making key life insurance decisions: 1.How much life insurance do I need? 2.What type of life insurance is right for me? 3.How might my medical and financial history affect my rates? 4.Which life insurance company should I work with? 5.How do I choose a trusted agent or advisor? 6.What policy components or riders are important to me? 7.Is my current policy living up to my expectations and needs? 8.Should I replace my current policy or supplement it? 9.What is the best way to terminate a policy? A companion to Tony's award winning book, Questions and Answers on Life Insurance, this workbook will help you avoid unnecessary pitfalls and unpleasant surprises; make informed, confident decisions; and gain the maximum benefit for your life insurance dollar.

Book updated Jun 2024. Whether you are preparing for a licensing exam or seeking to deepen your understanding of the industry, this book is your indispensable resource. Life (and health) insurance are pivotal components of financial planning, providing individuals and families with security and peace of mind. Mastery of this subject not only enhances your professional credentials but also empowers you to make a meaningful impact on your clients' lives. The insurance industry is ever-evolving, shaped by regulatory changes, market dynamics, and advances in medical science. Keeping up with these changes is crucial for anyone involved in life and health insurance. This book offers a structured approach to learning, featuring a diverse array of practice questions that reflect the current standards and trends in the industry. By engaging with these questions, you will solidify your knowledge, identify areas for improvement, and build the confidence needed to excel. Each section includes a range of questions from simple definitions to complex scenarios, mimicking the difficulty of actual state licensing exams. There are explanations accompanying each answer, ensuring that you not only know the correct response but also understand the reasoning behind it. Embarking on a career in life and health insurance requires dedication, knowledge, and a commitment to ongoing learning. This book is designed to support you every step of the way, providing the tools and insights necessary to achieve your goals. By thoroughly engaging with the material, you will be well-prepared to navigate the complexities of the insurance landscape and to excel in your professional journey.

You willl find the answer to every question that may arise regarding life insurance and how it relates to qualified plans and estate planning in Life Insurance Answer Book . This easy-to-use resource guides you expertly through all aspects of life insurance from design and structure to implementation and administration. Rules and regulations are also clearly outlined to ensure that you're complying with the applicable federal and state requirements. More than 1000 questions are thoroughly explained, covering such topics as: Legal requirements of insurance Life insurance as it relates to qualified plans Fiduciary responsibilities of employers, trustees, and administrators Regulations governing insurance contracts Department of Labor and IRS disclosure and reporting guidelines Records retention Life insurance as it relates to estate planning and other benefits and more!