Items related to The Business of Insurance, Vol. 2 of 3

9781332602780: The Business of Insurance, Vol. 2 of 3

Synopsis

This book explores the history of accident insurance, a type of coverage that protects individuals against the financial consequences of accidents that cause injury, disability, or death. Beginning with the earliest forms of accident insurance in the mid-19th century, the author traces the development of this coverage, detailing how the offerings have been altered to meet the changing needs and societal attitudes towards accidents. The author discusses the evolution of policy provisions, premium rates, claim settlement practices, and the impact of legislation on accident coverage. The book also examines the role of organizations such as the Railway Passengers Assurance Company, and the Travelers Insurance Company. Through their experiences, the author delivers a comprehensive analysis of accident insurance's journey from its humble beginnings to its present-day status as a globally recognized and essential component of the insurance sector.

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