Review Life Insurance, 15th Ed.
BY KENNETH BLACK JR., HAROLD D. SKIPPER, KENNETH BLACK III
Description
This book is published on the 100th anniversary of Life Insurance, 1st ed. Initially published in 1915, the book discusses various aspects of insurance to the common readers. It covers many topics, such as mortality risks, longevity risks, and morbidity risks.
The book focuses on the finance and economic fundamentals that support the theory and practice of insurance. It involves the latest application of insurance in various ways. It demonstrates how it is priced, what the products are, and how it can be beneficial to individuals, families, and businesses alike.
This book delves into a clear explanation of the many aspects of life insurance. It discusses the products, pricing, and even benefits. It explains how insurance works and why it is essential.
The book emphasizes the economic and financial factors that affect the theory and practice of insurance and explains this well to the readers. It also notes the most updated innovations in insurance and provides enough informational background on each insurance aspect to give the reader well-rounded learning.
About the Author
KENNETH BLACK JR. founded the Department of Risk Management and Insurance Department at Georgie State University in 1959. He earned Regent’s Professor Emeritus and Dean Emeritus in the Robinson College of Business at the said university. The Kenneth Black Jr. Chair of Insurance was founded in his honor. He passed away in 2005.
HAROLD D. SKIPPER is Professor Emeritus in Risk Management and Insurance at Georgia State University. He earned a bachelor’s degree from the University of Pennsylvania and authored four books and dozens of articles.
KENNETH BLACK III graduated from the University of North Carolina and received his Juris Doctorate from the University of Georgia School of Law. He worked in various spectrums of insurance and provided financial services.
Table of Contents
Preface
Introduction to Life Insurance Life and Health Insurance in Personal Financial Planning
Life and Health Insurance Fundamentals
The History, Role, and Importance of Life and Health Insurance
Types of Life Insurance Products
Introduction to Life Insurance Products and Their Environment
Whole Life Insurance Policies
Flexible-Premium Life Insurance Policies
Annuity and Special-Purpose Policies and Benefits
Aspects of Life Insurance Evaluation
The Life Insurance Contract: I
The Life Insurance Contract: II
Life Insurance and Annuity Cost Analysis and Disclosure
Insurance Advisor and Company Evaluation
Uses of Life Insurance in Personal Financial Planning
Life Insurance Planning
Life Insurance and Annuity Taxation in the United States
Life Insurance in Estate and Retirement Planning
Business Uses of Life Insurance
The Uses, Types, and Evaluation of Health Insurance Individual Health Insurance: I
Individual Health Insurance: II
The Mathematics of Life and Health Insurance
Fundamentals of Life Insurance Mathematics
Net Premiums
Life Insurance Reserves and Cash Values
Gross Premium Rate Structures and Nonguaranteed Policy Elements
The Mathematics of Health Insurance
Selection and Classification in Life and Health Insurance
Life and Health Insurance Underwriting: I
Life and Health Insurance Underwriting: II
Employee Benefit Plans
Social Insurance
Group Insurance
Health Care Plans
Retirement Plans
Organization, Management, and Regulation of Life and Health Insurance Companies
Life Insurance Company Organization and Management
Life Insurer Financial Management
Life Insurer Investment Management
Life Insurer Financial Reporting
Marketing Life and Health Insurance
Regulation and Taxation of Life Insurance in the U.S.
Index
