Personal Insurance (4th Edition) (4th Edition)

Author: George E. Rada
Publisher:
Publish Date: 2003-08-01
Features: Personal Insurance (INS22) is a key textbook in the General Insurance Program (INS) series of the Insurance Institute of America (IIA), introducing various risks faced by individuals and the personal insurance used to transfer the economic consequences of personal losses to insurers. The book is divided into 12 chapters, briefly describing the state of personal insurance at the beginning and primarily discussing the various property and liability loss risks individuals may face and personal risk management. Since car insurance is a familiar topic for many, the author chooses to introduce personal insurance starting with a car policy. Subsequently, the book dedicates three chapters to a detailed discussion of homeowner policies. The next two chapters cover other personal property and liability insurance, including residential policies, flood insurance, inland marine floating insurance, personal boat insurance, personal umbrella liability insurance, and more. The final three chapters focus on personal loss risks and their management methods, specifically discussing personal financial planning and life, health, and disability insurance. The General Insurance Program is one of the most recognized professional certification exams, and many successful professionals in the property and liability insurance industry began their careers with this exam. Personal Insurance covers most of the types of insurance used to provide protection for individuals and families, helping readers gain a comprehensive understanding of the field. It is suitable not only for beginners in the property and liability insurance industry but also as a valuable reference for readers interested in American insurance, particularly insurance professionals and university students majoring in insurance. Additionally, the chapters on personal risk management in this book can even serve as a strong resource for general readers in personal financial planning.