Description
Phi Risk Management And Insurance Planning by Loomba
Risk Management and Insurance Planning This book explains how to minimize, monitor, and control the probability and impact of unfortunate events, through risk management. The chapters are skillfully designed to give a comprehensive approach to the need of insurance; the right plan for different needs; and the right place to buy the insurance. The essential concepts are dealt with thoroughly to build the foundation of the subject. The book skillfully elucidates the roles and the duties of an Agent, and the traits required to transform into an efficient one. It highlights some of the most important insurance claims, which are only prevalent in the developed countries (US and UK), like tort liability problems, long-term care insurance, personal umbrella insurance and Uninsured Motorist Coverage and personal umbrella policy. The book emphasizes on exposures to mortality, health, disability, auto, overseas and travel insurances. While discussing the topics, like retirement options, it ornately describes various pensions and annuity schemes available as well.