Includes bibliographic references, glossary and index.

Preface -- Risk and its treatment -- Insurance and risk -- Introduction to risk management -- Types of insurers and marketing systems -- Insurance company operations -- Financial operations of insurers -- Government regulation of insurance -- Fundamental legal principles -- Analysis of insurance contracts -- Life insurance -- Life insurance contractual provisions -- Buying life insurance -- Annuities and individual retirement accounts -- Health-care reform : individual health insurance coverage -- Employee benefits : group life and health insurance -- Employee benefits : retirement plan -- Social insurance -- The liability risk -- Auto insurance -- Auto insurance (continued) -- Homeowners insurance, section i -- Homeowners insurance, section ii -- Other property and liability insurance coverages -- Commercial property insurance -- Commercial property insurance -- Commercial liability insurance -- Crime insurance and surety bonds -- Appendix A : personal auto policy -- Appendix B : homeowners 3 (special form).

This edition has been edited to include enhancements making it more relevant to students outside the United States. The book features complete and current coverage of major risk management and insurance topics.