The purpose of the book is to provide insurance practitioners, consumers, and students with definitions of common insurance terms in both the property/casualty and life/health insurance industries. The unique feature of the book is that many of the definitions contain detailed explanations of coverage provided by certain types of insurance and/or examples that illustrate how a particular coverage works. The book should be helpful to insurance agents and to new insurance agency/company personnel. It will also be helpful to consumers to use as a reference guide to better understand insurance products the consumer needs. Finally, it will be useful as a reference guide for students in business courses.Under the concept of indemnity, the insurer will pay for aftermarket parts or used parts to repair the vehicle. This puts the ... The company has the option of purchasing a similar Rolex for the insured as a replacement. The company is not anbsp;...
|Title||:||Concise Encyclopedia of Insurance Terms|
|Author||:||Lawrence Silver, Robert E Stevens, Kenneth Clow|
|Publisher||:||Routledge - 2010-06-10|