This book details key property and casualty concepts rarely discussed or found in print; rather they are often left to be “discovered” over time. These important concepts are now written down for all insurance practitioners to easily access. Examples of the topics and concepts found in this book include rules for reading ANY insurance policy; why losses are excluded; contractual risk transfer; legal liability theories; “COPE” details; and the proper explanation of coinsurance concepts. Also included is a rather extensive glossary of insurance and insurance-related terms. Readers will:
1) Gain a deeper understanding of insurance theories;
2) Be better prepared to explain insurance concepts to their clients; and
3) Develop a greater appreciation and understanding of the claims valuation process.
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Person Reviewed This Item
By Insurance Journal
Apr 13, 2010
Chris Boggs has written a book for insurance professionals loaded with essential information presented in a clear and understandable way. The graphical descriptions of the claim adjusting process alone are worth the cover price, but the book is much more than that. This should be on the bookshelf of everyone who is new to the industry, both for their own reference and so their more experienced colleagues can borrow it. Tim Dodge, CPCU, ARM, AU Director of Research and External Communications Independent Insurance Agents & Brokers of New York, Inc.
