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LIFE INSURANCE: THE CENTENNIAL EDITION 1915-2015

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This 15th edition of Life Insurance is published in recognition of the 100th T anniversary of this book's first edition. The first edition was published in 1915 and authored by Solomon S. Huebner. That edition was considered pioneering for its setting out both insurance principles and practices in a single, expansive treatise aimed explicitly at students of the business, whether students in the traditional collegiate sense or those undertaking professional development studies. This edition continues that legacy.

The book's simple title, Life Insurance, should be understood in its broadest context. It clearly encompasses insurance that promises to pay money on the death of an insured; that is, we address mortality risk. It also includes insurance that promises to pay while an insured is alive; that is, we address longevity risk. Finally, it encompasses insurance that promises payment or services to insureds in the event of incapacity, disability, or loss of health; that is, we address morbidity risks.

Revisions contained in this and the predecessor 14th edition were significant and sweeping. First, we have listened carefully to the book's users who have urged us to streamline the text by taking a more focused approach to topics, through crisper writing, by eliminating or reducing coverage of less essential topics, opics, and by assuming a more knowledgeable reader. Consequently, the number of chapters is reduced from the 35 in the 13th edition to 24, with word count similarly reduced. In doing so, we curtailed somewhat the emphasis on social insurance programs, heath-care financing, group insurance, and some other areas, but believe that what remains provides a sound, reasonably complete treatment of these subjects within a life insurance context.

Second, we have also listened to users who expressed a preference for a greater emphasis on the fundamentals of economics and finance that underpin life insur- ance theory and practice. This continued stronger emphasis will be noticeable throughout the text, but especially within the chapters on life insurance company operations.

Third, we have attempted to make the book even more relevant to students and practitioners by including the latest innovations in products, their pricing, and their applications to individual, family, and business problem solving. Toward this end, we have considerably deepened the treatment of enterprise risk man- agement over that contained in earlier editions, in accordance with the increased understanding and emphasis occurring over the past two decades.

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Availability

10001516	368.32 Bla l 15th	RLC MM (Rak Buku Wajib)	Available
10001517	368.32 Bla l 15th (1)	RLC MM (Rak Buku Wajib)	Available

Detail Information

Series Title

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Statement of Responsibility

Kenneth Black

Call Number

368.32 BLA l 15th

Publisher

Alabama : Lucretian., 2015

Collation

xix, 827p. : ill ; 25cm.

Language

English

ISBN/ISSN

978-0-9858765-1-7

Classification

368.32

Content Type

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Edition

15th. ed.

Subject(s)

Life Insurance

Specific Detail Info

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