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Fundamentals of Risk and Insurance

Emmet J. Vaughan, Therese M. Vaughan
10th Edition
Hoboken, New Jersey: Wiley, 2008
704pp, ISBN: 978-0-470-08753-4

This textbook addresses the principles of risk management as they relate to the insurance industry, and reviews the impact of risk on both the individual and society. It describes how insurance can effectively resolve risk management issues and problems, and discusses the key concepts of insurance theory, focusing on insurance products and the use of insurance within the risk management framework.

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Fundamentals of Risk and Insurance

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Price: $256.08

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.

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