Complete and current coverage of major risk management and insurance topics. Focusing primarily on the consumers of insurance, this text blends basic risk management and insurance principles with consumer considerations.This edition addresses the unprecedented events that have occurred in today’s economy, highlighting the destructive presence of risk to readers.
The book allows to learn the basics of how the insurance industry works and what should everyone of us know about the nature of risk and possibilities of its management. A typical subject-related university-curriculum book - not excessively exciting, yet fulfilling its task well.
This is a fairly good introduction to the insurance industry. I think it delivers a comprehensive explanation of the details of several types of insurance. A perfect book for getting a lay of the land of the insurance business.