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Product Description
Product Description
A valuable quick-reference fact-finder for agents, brokers, actuaries, underwriters, and ordinary consumers, this handbook defines approximately 4,500 key terms used in the insurance industry. Definitions apply to life, health, property, and casualty insurance, as well as to home owners' and tenants' insurance, professional liability insurance, pension plans, and individual retirement accounts. Purchase of insurance policies constitutes a major lifetime expenditure for the average consumer, and an important function of this book is to help non-experts understand what they need and exactly what they are buying when they purchase insurance. Author Harvey Rubin, a Chartered Life Underwriter and Chartered Property and Casualty Underwriter, opens with an overview of the insurance industry that points out the many financial instruments available from insurance companies to businesses, professionals and average consumers. He devotes the remainder of this book to definitions, descriptions, and examples that translate technical insurance 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 book ". . . helpful, particularly for employee benefit and retirement issues."
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". . . helpful, particularly for employee benefit and retirement issues."
--The New York Times
". . . helpful, particularly for employee benefit and retirement issues."
--The New York Times
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Most helpful customer reviews
2.0 out of 5 stars
Not very useful at all, many definitions missing,
By Faisal (Toronto, Ontario Canada) - See all my reviews
This review is from: Dictionary of Insurance Terms (Vinyl Bound)
Given that it is titled Dictionary of Insurance Terms, one would expect it to cover all types of insurance areas. I bought 3 copies, one for myself and 2 for other work colleagues. Almost every time we tried to look something up, the definition is not there. I have been working in the insurance field for 10 years (P&C), and there were some common terms that are missing from this book. Many arcane, technical words are well covered. Maybe this is good for an actuary, but not for the insurance professional in the field, and definitely not for the consumer.
3.0 out of 5 stars
Average Satisfaction,
This review is from: Dictionary of Insurance Terms (Vinyl Bound)
I am a personal lines (home+car+commmercial) broker in BC, and also used to be a life broker as well. I have read about 20 entries in the dictionary, and found out that the content were basic and sometimes not very helpful. Some terms I was not able to find in it. Next time I would rather buy a bigger dictionary with a more expensive cost. It is supprisingly that some of my managers still put some copies of the dictionary on their shelves.Regards, Buyer
2.0 out of 5 stars
Thick Junk,
This review is from: Dictionary of Insurance Terms (Vinyl Bound)
I have been in the insurance industry 15 years and just decided to buy this as an addition for my work desk. I rarely open the book, however, anytime I go to look up a coverage definition it is not listed. This book is of NO use to me. Not really sure who would use this.............a person who hands out maps at the Auto Club who may need to look up a word or two?
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