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The Fundamentals of Insurance: Theories, Principles and Practices

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Author: Dayal, Hargovind

Binding: Paperback

ISBN: 9781947949676

Details:

Author: Dayal, Hargovind

Edition: 1

Binding: Paperback

Number Of Pages: 164

Release Date: 04-10-2017

EAN: 9781947949676

Package Dimensions: 9.0 x 6.0 x 0.5 inches

Languages: English

Description:

Insurance is perhaps the most effective device for managing ‘risk,’ which is a pervasive phenomenon in our lives. We can sometimes avoid or reduce it but never entirely eliminate it. Whether you are a Graduate student who is studying insurance as a part of your curriculum, or an Executive managing your Organization’s Insurance and Risk Management Program this book will provide you with a strong conceptual foundation, comprehensive knowledge of non-life and life insurance products, and perspectives on how insurance functions as a part of the economy. Essentially, you will understand ‘why’ it is needed, ‘what’ solutions it provides, and ‘how’ different business processes and professionals work together to deliver the vital compensation to victims of disasters. Organized in 18 chapters that are comprehensive yet brief, it continuously relates facts to theories, concepts to processes, events to their context, and the rule-of-thumb to underlying basic principles. Thus, insurance will be demystified, and you will be empowered to decode ‘insurance speak.’

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