The Fundamentals of Insurance
Theories, Principles and Practices
Hargovind Dayal
- English
- ePUB (mobile friendly)
- Available on iOS & Android
The Fundamentals of Insurance
Theories, Principles and Practices
Hargovind Dayal
About This Book
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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Table of contents
- Title
- Copyright
- Table of Figures, Graphs and Charts
- Acknowledgements
- An Introduction to This Book – the ‘Why,’ ‘What’ and ‘How’
- Section I – INSURANCE AND THE ECONOMY – A View through the Telescope
- Section II – THE FOUNDATIONS OF INSURANCE – Core Concepts, and Basic Principles
- Section III – INSURANCE IN INDIA – The Opportunities and Challenges
- Section IV – INSURANCE PRODUCTS AND BUSINESS PROCESSES
- Bibliography and References
- Abbreviations
- About the Author