RISK IS UNCERTAINTY AS TO LOSS… RISK IS OMNIPRESENT AND ALL PERVASIVE… INSURANCE PROTECTS AGAINST THE ECONOMIC LOSS CAUSED BY RISK This book provides an actionable approach to the functions of the insurance industry in an easy to use examination of property, liability, life and health insurance coverages plus information on the basics of a risk management program.
I read this book primarily to get a better, birds-eye-view understanding of insurance as a whole, for the purposes of my job and policy areas I cover. This book served as a great primer and introduction to all types of insurance that exist, and provided broad details for each, allowing the reader to find what interests them, and go on to do further research on their own. If you are looking for very specific details on any one type of insurance, you may want to look elsewhere.
Also, throughout the second half of the book especially, there were quite a few spelling and grammar errors that were a bit distracting...
I cannot think of who would benefit from reading this book. First, there is little or no information about any of the insurance types discussed that would not be easily found on Wikipedia or elsewhere online. But secondly, the information in the book is written in a more lawyerly, legal prose. So it takes easily-found information and makes it harder to understand.