Product Description
This classic book presents a thorough and comprehensive introduction to the field of insurance while emphasizing the consumer. The new Tenth 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. And it deals with the risks associated with the ownership of property and legal liability.
From the Back Cover
Take no chances! Learn about risk and insurance from the premier text.
Why learn about risk and insurance? You might be thinking of a career in the diverse and rewarding fields of risk management and insurance. If you plan on managing a business, you’ll need to know how to protect your organization from risk. And as an individual, you’ll want to make informed decisions about protecting yourself and your family with life, medical, home, auto, and many other kinds of insurance.
Whether you want to prepare for our career or simply become a more knowledgeable consumer, Vaughan and Vaughan’s Tenth Edition of Fundamentals of Risk and Insurance gives you a comprehensive, consumer-oriented introduction to the many facets of risk management and insurance.
The Tenth Edition presents the principles of risk management, 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. In addition to clear and engaging coverage of insurance principles and theory, you’ll walk away from this book with practical, how-to advice that will come in handy in both your professional and personal life. Fundamentals of Risk and Insurance books detail...!
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