Fundamentals of Risk and Insurance - Ninth Edition (Paperback)

Book Summary of Fundamentals Of Risk And Insurance, 9Th Ed
This classic, comprehensive book is divided into three sections. The first section examines the concept of risk, the nature of the insurance device, and the principles of risk management. This section also provides an overview of the insurance industry. The second section examines the traditional fields of life and health insurance as solutions to the risks connected with the loss of income. The Social Security system, workers compensation, and other social insurance coverage are discussed. The final section deals with the risks associated with the ownership of property and legal liability. This book is updated to reflect the changes in the field of insurance since 1996, and a listing of Web sites of interest.

Table of contents :
Part I Risk, Insurance And Risk Management
• The Problem of Risk
• Introduction to Risk Management
• The Insurance Device
• Risk Management Applications
• The Private Insurance Industry
• Regulation of the Insurance Industry
• Functions of Insurers
• Financial Aspects of Insurer Operations
• The Legal Framework
Part II Life And Health Insurance
• Managing Personal Risks
• Social Insurance Programs
• Introduction to Life Insurance
• The Actuarial Basis of Life Insurance
• The Life Insurance Contract-General Provisions
• The Life Insurance Contract-Other Provisions
• Special Life Insurance Forms
• Buying Life Insurance
• Annuities and Pension Benefits
• Managing the Retirement Risk
• Health Insurance: Disability Income Insurance
• Health Insurance: Coverage for Medical Expenses
• Health Insurance for the Elderly
• Employee Benefits and Other Business Uses of Life and Health Insurance
Part III Property And Liability Insurance
• The Homeowners Policy
• General Provisions
• The Homeowners Policy Forms
• Other Personal Forms of Property Insurance
• Negligence and Legal Liability
• General Liability Insurance for the Individual
• The Automobile and its Legal Environment
• The Personal Auto Policy
• Commercial Property Insurance
• Commercial Liability Insurance
• Surety Bond and Credit Insurance
• Insurance in the Future
Glossary
Author Index
Subject Index

Market Description :
• Insurance/personal Consultants and Agents
• Financial Analysts in the insurance industry
• Risk Managers
• Professors
• Students