Retaining the purpose, organization and approach of its successful predecessors, this consumer-oriented update summarizes the pervasive nature of pure risk on the individual and society, illustrating the way in which insurance can be used to deal with problems posed by such risk. It is both a book on insurance theory and how students can use insurance personally. Features two new chapters: "Managing Personal Risks" and "Managing the Retirement Risk."
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A revised edition of the standard college text examining insurance and risk from the consumer perspective. The authors present the theoretical concept of risk and the insurance device as it is exhibited in the traditional fields of life and health insurances, the social security system, and workers compensation. The volume also deals with the risks
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