10 Best Insurance Books [Updated 2022]
Insurance is said to be a different topic altogether; rather a separate part of finance. This industry has immense knowledge to offer and once you get on to the right track you also get good returns from both your investments and your insurance sales. Below is the list of top 10 insurance books –
- Inside the Insurance Industry ( Get this book )
- The Breakthrough Insurance Agency ( Get this book )
- Going Tradigital ( Get this book )
- If an Elephant Sits on You, Are You Covered? ( Get this book )
- Insurance and Behavioral Economics ( Get this book )
- Paychecks and Playchecks ( Get this book )
- Insurance ( Get this book )
- Applied Insurance Analytics ( Get this book )
- Insurance ( Get this book )
- Insurance Economics (Springer Texts in Business and Economics) ( Get this book )
Let us discuss each of the Insurance books in detail along with its key takeaways and reviews.
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#1 – Inside the Insurance Industry
Glaser has explained the industry in a very simple form, which is understandable even by a common man or someone not from the insurance industry. This book contains information about new insurance companies, attorneys’ financial planners, risk managers, college students, business owners, etc. In this book, the author gives details of the internal working of the insurance companies and the industry, along with how it is sold.
Book Name and Author
Inside the Insurance Industry by— Kevin Glaser
Book Review
This best insurance book with interest you with topics such as Mechanisms and processes by which insurance is sold, Identification of various distribution methods, Definition of the industry terminology, Internal working of the insurance company, Discussing various responsibilities of different insurance company departments, Facts that affect the insurance company and its policyholder. It also discusses how to get the best and the right insurance deal, Making insurance claimsMaking Insurance ClaimsAn insurance claim refers to the demand by the policyholder to the insurance provider for compensating losses incurred due to an event covered by the policy. The company either validates or denies the claim based on their assessment and nature of the incurred losses.read more, and how agencies that can help you purchase insurance
Best Takeaway from this Top Insurance book
This book is a complete guide for the Insurance industry. The basics given here are just perfect to refer to and get an insight into this industry.
<< Get this book >>#2 – The Breakthrough Insurance Agency
How to Multiply Your Income, Time and Fun
The author is a leader of one of the most successful insurance agencies in Malibu, California, and hence this book comes from an expert to begin with. This book is extremely easy to read and enlightens your way with amazing ideas to boost your insurance sales and agency to the next level of success. He has shared a wider vision of his experiences and success stories. Bart has shown the readers how it happens and how to make it happen.
Book Name and Author
The Breakthrough Insurance Agency: How to Multiply Your Income, Time and Fun —by— Bart Baker
Book Review
You need not be worried about the stage of business you are a beginner or an existing player Bart has a solution and a way out for you. It is said that you need to find ways and not excuses, and this is what the author does here. He helps you take your insurance agency to the next level wherever it is in now.
Best Takeaway from this Best Insurance book
This insurance book is a help with the basic fundamentals of the insurance industry which makes it a must read for every individual of this industry.
<< Get this book >>#3 – Going Tradigital
Social Media Made Easy for Insurance Agents
New methods and new technology need to be brought to productive use. The most famous social media today is the best way to promote and increase your business. This applies to all the businesses; however, the author has highlighted promoting insurance through technology in a big way. Tips, tricks, and methods of promoting your insurance business are a real must-read for everyone involved in this industry, including understanding this industry. Reading this book can especially help you increase your sales and also retain your customers.
Book Name and Author
Going Tradigital: Social Media Made Easy for Insurance Agents —by— Nadeem Damani and Angela Johnson
Book Review
The authors are two top insurance agents who have applied the formulas given in their book to help increase their insurance sales and also retain their customers with the help of digital marketing. They have elaborated on how to increase your prospects, your sales, and also how to retain your customers and your relationship with them. This book combines traditional insurance selling techniques, along with digital marketing.
Best Takeaway from this Best book on Insurance
The authors give you more profitable experience through their book.
<< Get this book >>#4 – If an Elephant Sits on You, Are You Covered?:
How to Talk with Your Insurance Agent to be Properly Insured (How to Become Properly Insured Book 1)
The author has been in business for more than 25 years now and shares his experience in the industry as he has a successful insurance agency he has been running. Helping insurers protect themselves from disasters and covers for their unique situations for none of us know when a disaster will strike, and we need to be ready for the same. He walks you through the process of safeguarding people and things you love from unforeseen incidents.
Book Name and Author
If an Elephant Sits on You, Are You Covered?: How to Talk with Your Insurance Agent to be Properly Insured (How to Become Properly Insured) (Volume 1) —by— Bart Baker
Book Review
This insurance book starts with what if an elephant sits on you; of course, this incident is not planned; it is an unforeseen incident that needs to be covered. However, are you covered for such unforeseen events in life, and did you know you can protect your loved ones and your most possessed belongings from such events.
Best Takeaway from this Top book on Insurance
Engaging stories and practical tips given by Bart are very valuable for every individual which makes this book a real read.
<< Get this book >>#5 – Insurance and Behavioral Economics
Improving Decisions in the Most Misunderstood Industry
An extraordinary tool to handle risk is called insurance. However, this concept that provides financial protection to people is highly misunderstood by people, be it investors, insurance agents, or regulators. This book will give you a look at how do people behave when it comes to individual risk, decision-makers of the insurance industry, and its policymakers and its link to the economic theory. Many people think insurance is a mystery, which is really not worth solving; however, this is not the case, and you must read this book to understand insurance better.
Book Name and Author
Insurance and Behavioral Economics: Improving Decisions in the Most Misunderstood Industry —by— by Professor Howard C. Kunreuther, Professor Mark V. Pauly, Dr. Stacey McMorrow
Book Review
The author compares the actions of people involved in this industry to that which is predicted to the benchmark models of choice, which is taken from the theory of the classic economy. The industry keeps some money at stake with the premiums if the customers, along with the payouts of the companies, etc.
Best Takeaway from this Best Insurance book
People who are really curious about knowing the facts of this industry must read this book as it really gives you great understanding in simple, understandable language. Also, check out what is behavioural economicsBehavioural EconomicsBehavioural economics refers to a stream of mainstream economics that studies the impact of human psychology, ideology or behaviour on the individual or institutional economic decision-making process.read more
<< Get this book >>#6 – Paychecks and Playchecks
Retirement Solutions for Life
Tom is the author of 3 successful books and a great person to get retirement solutions form. To get the right retirement solution, you need to answer a few questions for yourself, and the author has described these questions in this book. This book is globally famous as it has sold more than 80000 copies across the world and has been amongst the best sellers category for almost 2 years.
Book Name and Author
Paychecks and Playchecks: Retirement Solutions for Life —by— Tom Hegna
Book Review
Getting help to make decisions regarding selling or buying the right retirement solutions is a great deal. Take help from the expert here. Tom proves his strategy through mathematics and statistics to signify his approach, which will help you to secure your future until as long as you live.
Best Takeaway from this Top Insurance book
Tom’s approach here is the right way to take and help people take retirement decisions.
<< Get this book >>#7 – Insurance
Best Practical Guide for Risk Management, Property, Liability, Life and Health with Concepts and Coverage
You get a reason to understand insurances and its products not only if you are working in this industry but even if you are a customer and want to buy insurance. The description is perfect for explaining how insurance can manage the level of risk in your life. And when unforeseen events occur, you are not in a fix of economic constraints. This helps you recover from the incident soon.
Book Name and Author
Insurance: Best Practical Guide for Risk Management, Property, Liability, Life and Health with Concepts and Coverage (Personal Finance Book 1) —by— James Stevens
Book Review
This book helps you discover everything you would ever want to know about the insurance industry. This book is the only guide that will practically help you take the right risk management decision of your life. To get the most out of your insurance is by understanding the basics, and this book helps you with the same.
Best Takeaway from this Best book on Insurance
This book not just teaches you what you need to know about insurances; it also teaches you why to know about them.
<< Get this book >>#8 – Applied Insurance Analytics:
A Framework for Driving More Value from Data Assets, Technologies, and Tools (FT Press Analytics)
The author explains how to use analysis and a systematic approach to improve operations starting from underwriters, to risk management, to claims. This book will help you drive more value by defining analytical strategies worldwide and overcoming challenges that stand along your path. This book helps you increase your analysis related to insurances in order to help you gain the most out of your investment in insurances.
Book Name and Author
Applied Insurance Analytics: A Framework for Driving More Value from Data Assets, Technologies, and Tools (FT Press Analytics) —by– Patricia L Saporito
Book Review
This book is for every individual to help them get an analytical view of this industry and their investments and risk management understanding. It is a very valuable book for students from the MBA background, for professionals, for managers in the analytical domain, IT professionals, sales and marketing people, data scientists, etc.
Best Takeaway from this Top book on Insurance
The analytical understanding of this book helps you get the right information and take the right decision regarding risk management.
<< Get this book >>#9 – Insurance
Concepts & Coverage: Property, Liability, Life, Health and Risk Management
This book isn’t very bulky or huge to overload the readers and the audiences; a thin book has an explanation of all the insurance products defining the key terminology and limitations of such products. It provides a background of insurance policies and products. A book is not at all complicated, very neatly presented to the point just with the right information. This book is a perfect book for basic information about insurance, as it is a great book for beginners.
Book Name and Author
Insurance: Concepts & Coverage: Property, Liability, Life, Health and Risk Management —by— Marshall Wilson Reavis III PhD
Book Review
Risk and uncertainty are equal to huge loss; However, the risk is present everywhere, and in everything we do and these can be prevented. Insurance is a tool that can help you from the economic loss caused by risk. The author brings you the approach of the actionable functions of this industry. The coverage and basic information of these policies are described well in this book.
Best Takeaway from this Best insurance book
The basic understanding of the industry, the concept, insurance products are just perfect for a beginner.
<< Get this book >>#10 – Insurance Economics (Springer Texts in Business and Economics)
This book covers the analytical economics of decision making right under risk and risk management along with the demand for insurance by individuals and corporations, the objective tools and management strategies used by the insurance companies. This book is just right for undergraduates, management students, professionals, and people from a non-insurance background. The author confronts and decisions derived from the theoretical and practical experience of the industry experts.
Book Name and Author
Insurance Economics (Springer Texts in Business and Economics) —by— by Peter Zweifel, Roland Eisen
Book Review
This book includes issues in a paradox of decision making and its reasoning related to risks. The chances of a death spiralDeath SpiralThe death spiral or the downward demand spiral occurs when an entity finds itself in a series of troubles and chooses to eliminate the entire range of products or services instead of identifying and battling the root causes. It is a phenomenon of cost accounting.read more in the insurance market changes that can be brought about in the future re-regulations and the rebirth of financial crises of 2007-09 with the increasing availability of general information.
Best Takeaway from this Top book on Insurance
The analytical decision making of economicsEconomicsEquity Research refers to the study of a business, i.e., analyzing a company's financials, performing Ratio Analysis, Financial forecasting in Excel (Financial Modeling), & exploring scenarios to make insightful BUY/HOLD/SELL stock investment recommendations. Moreover, the Equity Research Analysts discuss their findings & details in the Equity Research Reports. read more under risk and risk management makes this book different from others and valuable reading material
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Thank you Sir Useful post. All the above mentioned books are very informative, sir I would also request you send me some list of derivatives Books so that I can enhance the fundamentals of Derivatives.
Sure Charles. Here is the list of Top Derivatives Books
Thanks a lot for sharing the list of amazing books, from many a days I was searching for insurance books, found it here on your blog which are really the best. It would be great If you could also send me the blog list of finance related books. Thanks in advance
thanks Elijah! Here is your list to Best finance Books