CONTENTS
Dedication............................................................................................................................................................................................. iii
About the Authors......................................................................................................................................................................... iv-vi
Preface........................................................................................................................................................................................... vii-viii
Part 1: General Principles of Insurance
Chapter 1: General Principles of Risk and Insurance............................................................................................................. 1
Chapter 2: Legal Aspects of Insurance and Risk Management........................................................................................... 5
Chapter 3: Insurance Policy Selection................................................................................................................................... 11
Chapter 4: Insurance Company Selection............................................................................................................................. 21
Chapter 5: Liability and Contract Issues............................................................................................................................... 31
Part 2: Individual Property & Casualty
Chapter 6: Automobile and Recreational Vehicle Insurance.............................................................................................. 37
Chapter 7: Personal Property Insurance................................................................................................................................ 43
Chapter 8: Personal Umbrella Coverage................................................................................................................................ 51
Chapter 9: Business and Business Activity Insurance....................................................................................................... 57
Part 3: Business Property & Casualty
Chapter 10: Overview of Property Insurance.......................................................................................................................... 61
Chapter 11: Commercial Property Insurance........................................................................................................................... 65
Chapter 12: Business Automobile Insurance......................................................................................................................... 75
Chapter 13: Business Liability Issues in Insurance............................................................................................................... 85
Chapter 14: Product Liability Insurance.................................................................................................................................. 91
Chapter 15: Commercial Umbrella Liability Insurance........................................................................................................... 97
Chapter 16: Workers Compensation...................................................................................................................................... 103
Chapter 17: Professional Liability/Errors & Omissions Insurance.................................................................................... 109
Chapter 18: Directors and Officers Liability Insurance....................................................................................................... 115
Part 4: Health, Disability, and LTC Insurance
Chapter 19: Overview of Health-Related Insurance............................................................................................................. 131
Chapter 20: Types of Individual Health Insurance Coverage............................................................................................ 135
Chapter 21: Taxation of Individual Health Insurance Coverage........................................................................................ 143
Chapter 22: Standard Provisions of Individual Disability Income Insurance.................................................................. 149
Chapter 23: Taxation of Individual Disability Income Insurance....................................................................................... 155
Chapter 24: Business Overhead Expense (BOE) Insurance................................................................................................ 161
Chapter 25: Determining Coverage Needs and Selecting a Long-Term Care Policy....................................................... 165
Chapter 26: Standard Provisions of Long-Term Care Insurance....................................................................................... 173
Chapter 27: Taxation of Long-Term Care Insurance............................................................................................................ 181
Appendices
Appendix A: Explanation of Insurance Company Ratings.................................................................................................... 189
Appendix B: Insurance Directories.......................................................................................................................................... 193
Glossary............................................................................................................................................................................................. 205
End of Chapter Reviews: Answer Key.......................................................................................................................................... 249
Index................................................................................................................................................................................................... 253