{"product_id":"the-fundamentals-of-insurance-theories-principles-and-practices-9781947949676","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.\u003c\/p\u003e\u003cp\u003eWhether 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 Organization's 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.\u003c\/p\u003e\u003cp\u003eEssentially, 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.\u003c\/p\u003e\u003cp\u003eOrganized 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\".\u003c\/p\u003e\u003cp\u003eThe book draws from the Author's 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\u003cbr\u003e","brand":"Notion Press, Inc","offers":[{"title":"Default Title","offer_id":51253984035090,"sku":"9781947949676","price":8.99,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0831\/4771\/8930\/files\/img_e47be919-a338-41b2-923b-1cfd776c7d40.jpg?v=1746302968","url":"https:\/\/surprise-castle.myshopify.com\/products\/the-fundamentals-of-insurance-theories-principles-and-practices-9781947949676","provider":"Surprise Castle","version":"1.0","type":"link"}