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Abstract

This chapter examines the characteristics of insurance contracts. It defines the notion of insurable risks and insurable interest. Insurable risks are the raw materials for the existence of insurance contracts.

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References

Suggestion for Additional Reading

  • Williams, C.A., and R.M. Heins, Risk Management and Insurance, New York: McGraw-Hill Book Co., 6th ed., 1989, Chap 12, 15 & 16.

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References

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  • Williams, C.A., Head, G.L., Horn, R.C. and G.W. Glendenning, Principles of Risk Management and Insurance, Malvem, Pennsylvania: American Institute for Property and Liability Underwriters, 2nd ed., 1981.

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© 1998 Springer Science+Business Media New York

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Outreville, J.F. (1998). Insurance Concepts. In: Theory and Practice of Insurance. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-6187-3_8

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  • DOI: https://doi.org/10.1007/978-1-4615-6187-3_8

  • Publisher Name: Springer, Boston, MA

  • Print ISBN: 978-1-4613-7836-5

  • Online ISBN: 978-1-4615-6187-3

  • eBook Packages: Springer Book Archive

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