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Fundamentals of Risk and Insurance 11th Edition
Author(s): Emmett J. Vaughan (Author), Therese M. Vaughan (Author)
- Publisher: Wiley
- Publication Date: 11 Feb. 2014
- Edition: 11th
- Language: English
- Print length: 686 pages
- ISBN-10: 111853400X
- ISBN-13: 9781118534007
Book Description
Fundamentals of Risk and Insurance 11th Edition, 11th Edition presents a thorough and comprehensive introduction to the field of insurance while emphasizing the consumer. It summarizes the nature of pure risk on the individual and on society, and illustrates the way in which insurance can be used to deal with the problems posed by such risk.
The 11th 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. The final section deals with the risks associated with the ownership of property and legal liability.
Editorial Reviews
About the Author
Therese M. Vaughan is the Robb B. Kelley Distinguished Professor of Insurance and Actuarial Science at Drake University. Prior to joining Drake, she served as Iowa Insurance Commissioner for over 10 years and as President of the National Association of Insurance Commissioners.
