Cover image for Fundamentals of risk and insurance
Fundamentals of risk and insurance
Vaughan, Emmett J.
Personal Author:
Second edition.
Publication Information:
Santa Barbara : Wiley, [1978]

Physical Description:
xiv, 642 pages : illustrations ; 25 cm.
General Note:
In first edition Elliott's name appeared first on the title page.

"A Wiley/Hamilton publication."
Format :

On Order



This classic, comprehensive book is divided into three sections. The first section examines the concept of risk, the nature of the insurance device, and the principles of risk management. This section also provides an overview of the insurance industry. The second section examines the traditional fields of life and health insurance as solutions to the risks connected with the loss of income. The Social Security system, workers compensation, and other social insurance coverages are discussed. The final section deals with the risks associated with the ownership of property and legal liability. Updated to reflect the changes in the field of insurance since 1996, and a listing of Web sites of interest.

Table of Contents

Risk And Insurance
The Problem of Risk
The Insurance Device
Risk Management
The Fields of Insurance
The Private Insurance Industry
Regulation of the Insurance Industry
Functions of Insurers
Finanical Aspects of Insurer Operations
The Legal Framework
Life And Health Insurance
Managing Personal Risks
Social Insurance Programs
Introduction to Life Insurance
The Actuarial Basis of Life Insurance
The Life Insurance Contract-General Provisions
The Life Insurance Contract-Other Provisions
Special Life Insurance Forms
Buying Life Insurance
Annuities and Pension Benefits
Managing the Retirement Risk
Health Insurance: Disability Income Insurance
Health Insurance-Coverage for Medical Expenses
Health Insurance for the Elderly
Employee Benefits and Other Business Uses of Life and Health Insurance
Property And Liability Insurance
The Homeowners Policy-General Provisions
The Homeowners Policy Forms
Other Personal Forms of Property Insurance
Negligence and Legal Liability
General Liability Insurance for the Individual
The Automobile and Its Legal Environment
The Personal Auto Policy
Commercial Property Insurance
Commercial Liability Insurance
Surety Bonds and Credit Insurance
Insurance in the Future