Summary |
One purpose of this book is to provide readers with the vocabulary and information that will allow them to understand some important societal questions and form their own conclusion. Another purpose is to provide background needed to understand that types of problems arising from the individual’s or business firm’s exposure to loss, and how these problems may be approached and solved. Many speeches have been given and many articles have been written about insurance topics. The most recent presidential campaign focused on two insurance issues, health care and the future of social security. Perhaps if speakers and editorial writers knew that their audience understood the questions, self-serving arguments would give way to more direct and honest discussion. Because insurance questions tend to be complex, many listeners have been kept in the dark. It is the author’s hope that studying this text will let in some light.
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