Fundamentals of Risk and Insurance - Couverture rigide

Vaughan, Emmett J.; Elliott, Curtis M.

 
9780471834441: Fundamentals of Risk and Insurance

Synopsis

A consumer-oriented treatment of insurance products that utilizes a risk management approach. Utilizing the most current policies, the text examines the general principles of life and health insurance as well as the property and liability fields. This new edition features updated coverage of the actuarial basis of life insurance, the concept and use of universal life insurance, the latest developments in property and liability insurance, new approaches to insuring commercial property and much more.

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Présentation de l'éditeur

This consumer–oriented textbook addresses the principles of risk management without skimping on the discussion of insurance. It summarizes the nature of pure risk on the individual and on society and illustrates how insurance can be used to deal with the problems posed by such risk. Mirroring the diverse experience of its authors, the text is equally effective in presenting the principles of insurance theory and offering how–to advice to students. Throughout, the main emphasis is on the insurance product and the use of insurance within the risk management framework. The traditional fields of life insurance, health insurance, property and liability insurance, and social insurance are treated in terms of their relationship to the wide range of insurable risks to which the individual and the business firm are exposed.

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