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Publisher | John Wiley & Sons Inc (US) |
Author(s) | Emmett J. Vaughan / Therese M. Vaughan |
Edition | 1 |
Published | 28th October 2013 |
Related course codes |
Fundamentals of Risk and Insurance, 11th Edition presents
a thorough and comprehensive introduction to the field of insurance
while emphasizing the consumer. It summarizes the nature of pure
risk on the individual and on society, and illustrates the way in
which insurance can be used to deal with the problems posed by such
risk.
The 11th edition first examines the concept of risk,
the nature of the insurance device, and the principles of risk
management. It then discusses the traditional fields of life and
health insurance as solutions to the risks connected with the loss
of income. The final section deals with the risks associated with
the ownership of property and legal liability.