Dictionary Of Insurance Terms

Price : $8.84

 

Product Description

A valuable quick-reference fact-finder for agents, brokers, actuaries, underwriters, and ordinary consumers, this handbook defines approximately 4,500 key terms used in the insurance industry. Definitions apply to life, health, property, and casualty insurance, as well as to home owners and tenants insurance, professional liability insurance, pension plans, and individual retirement accounts. Purchase of insurance policies constitutes a major lifetime expenditure for the average consumer, and an important function of this book is to help non-experts understand what they need and exactly what they are buying when they purchase insurance. Author Harvey Rubin, a Chartered Life Underwriter and Chartered Property and Casualty Underwriter, opens with an overview of the insurance industry that points out the many financial instruments available from insurance companies to businesses, professionals and average consumers. He devotes the remainder of this book to definitions, descriptions, and examples that translate technical insurance terminology into clear, comprehensible English. Here is an enlightening and accessible business guide that deserves a place on every home bookshelf. The New York Times calls this book . . . helpful, particularly for employee benefit and retirement issues.

Customer Reviews

Review date : 2007-10-24
This book is a great tool for the insurance studies, the concepts are very clear and help you to have a better knowledge.

Review date : 2007-06-01
I find this a pretty complete reference book for someone new to the insurance side such as a young or new risk manager. The definitions are fairly indepth but still short and to the point. To critique the book severly, as some other reviewers have, I suggest reccommending another reference source, within your review, that is considered better. I would be most anxious to take a look at it since it would allow a fair comparison.

Review date : 2007-05-23
A better name for this product would be the Long-Winded Financial Terms Dictionary. Its pages are filled with non-insurance-related definitions for accounting, legal, and other financial-service terms. Worse yet, several key insurance-related terms that have come into existence in, say, the past century are not included. The only thing I have ever used this book for is to cite the author’s claim that U.S. citizens spend more money on insurance than any other type of expenditure - but that occurs in the preface. The terms themselves are unhelpful and incomplete, and the book’s pages are stuffed with filler.

Review date : 2006-01-30
The insurance industry has its own language. I have yet to come across a term that is not in this dictionary!

Review date : 2001-10-24
I have been in the insurance industry 15 years and just decided to buy this as an addition for my work desk. I rarely open the book, however, anytime I go to look up a coverage definition it is not listed. This book is of NO use to me. Not really sure who would use this………….a person who hands out maps at the Auto Club who may need to look up a word or two?