{"product_id":"the-fundamentals-of-insurance-theories-principles-and-practices","title":"The Fundamentals of Insurance : Theories, Principles and Practices","description":"\u003cp\u003eInsurance is perhaps the most effective device for managing Risk, which is a pervasive phenomenon, an ever present part of our lives. We can sometimes avoid risk, or reduce it, but never entirely eliminate it. Whether you are a Graduate student who is studying insurance as a part of your curriculum, or an Executive tasked with the responsibility of managing your Organizations Insurance and Risk Management Program, this book will provide you with a strong conceptual foundation, comprehensive knowledge of non-life and life insurance products, and a perspective of how insurance functions as a part of the economy. Essentially, you will understand why insurance is needed, what solutions it provides, and how different business processes and professionals work together to deliver the vital compensation to victims of disasters. Organized in 18 Chapters, comprehensive, but brief and crisp, it continuously relates facts to theories, and concepts to processes, events to their context, and the rule-of-thumb to the underlying Basic Principle. Thus insurance will be de-mystified and you will be empowered to decode insurance speak. The book draws from the Authors hands-on experience in the Indian Insurance industry. However, the insights and observations go beyond borders, reflecting universal principles and practices of insurance that are recognized worldwide.\u003c\/p\u003e","brand":"notionpress.com","offers":[{"title":"Default Title","offer_id":45870966505670,"sku":"DADAX1947949675","price":5.3,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0695\/9389\/1014\/files\/61-rzNL32rL.jpg?v=1779461197","url":"https:\/\/ergodemedia.com\/products\/the-fundamentals-of-insurance-theories-principles-and-practices","provider":"Ergodemedia","version":"1.0","type":"link"}