Customer Reviews

Dictionary of Insurance Terms

5 star:		(1)
4 star:		(1)
3 star:		(2)
2 star:		(2)
1 star:		(0)

 

 

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.

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

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?

For general knowledge of insurance terms I guess this is an adequate dictionary and nevertheless needed for understanding insurance terms. I find however that being IN the insurance business as a newcomer and needing to have all my insurance words defined, this dictionary lacks many terms used, at least on the Life insurance side of it, so leaves me grasping for other sources and references to find these words which should be defined in this dictionary in the first place.

This is an American based book but covers every imaginable insurance term, in every sector of the finance/insurance industry. It not only provides definitions of terms but broadley defines the cover provided under different types of insurance. This is a must for any professional in the financial services/insurance industry as a great reference.

Useful dictionary for people working for a insurance company or other financial institution.