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A invaluable fast-reference fact-finder for brokers, brokers, actuaries, underwriters, and odd shoppers, this handbook defines approximately four,500 key phrases used within the insurance coverage industry. Definitions apply to life, health, property, and casualty insurance, as well as to house owners' and tenants' insurance, skilled legal responsibility insurance, pension plans, and particular person retirement accounts. Purchase of insurance coverage insurance policies constitutes a serious lifetime expenditure for the common consumer, and an essential perform of this book is to assist non-specialists perceive what they want and exactly what they are buying once they buy insurance. Writer Harvey Rubin, a Chartered Life Underwriter and Chartered Property and Casualty Underwriter, opens with an overview of the insurance business that points out the many financial devices out there from insurance companies to companies, professionals and common consumers. He devotes the rest of this e book to definitions, descriptions, and examples that translate technical insurance coverage 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 ebook ". . . useful, notably for employee benefit and retirement issues."
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