Summary |
Insurance is the study of risk financing through risk pooling. In a dynamic economy like the one we have in Hong Kong, a myriad of things can go wrong everyday with our life, our health, our home, our car, and our business. The use of insurance to reduce the adverse financial impact in case of a loss has become an important element of financial planning in our society. Insurance is most effective when losses are common enough to be of concern but not frequent enough to be routine. Neither asteroid strikes nor car scratches make for good insurable events. Insurance for routine events requires repeated administrative expense that makes the insurance less valuable; the risk spreading benefits are also low. This book is helps of students assess their potential for various careers. This book contains current information about occupations, employment trends, and job searching materials on career decision-making, internship, and salaries.
Contents
Introduction
• Basic of insurance
• Insurance: law and regulations
• Policy barriers and outsourcing of insurance
• Legal practices of insurance
• Consumer insurance
• Future prospects of insurance
|
