Customer Reviews

Dictionary of Insurance Terms (Barron's Business Guides)

5 star:		(2)
4 star:		(4)
3 star:		(1)
2 star:		(1)
1 star:		(1)

 

 

For general knowledge of insurance terms I guess this is an adequate dictionary and nevertheless needed for understanding insurance terms. I find however that being IN the insurance business as a newcomer and needing to have all my insurance words defined, this dictionary lacks many terms used, at least on the Life insurance side of it, so leaves me grasping for other sources and references to find these words which should be defined in this dictionary in the first place.

I have been in the insurance industry 15 years and just decided to buy this as an addition for my work desk. I rarely open the book, however, anytime I go to look up a coverage definition it is not listed. This book is of NO use to me. Not really sure who would use this.............a person who hands out maps at the Auto Club who may need to look up a word or two?

This is an American based book but covers every imaginable insurance term, in every sector of the finance/insurance industry. It not only provides definitions of terms but broadley defines the cover provided under different types of insurance. This is a must for any professional in the financial services/insurance industry as a great reference.

I find this a pretty complete reference book for someone new to the insurance side such as a young or new risk manager. The definitions are fairly indepth but still short and to the point. To critique the book severly, as some other reviewers have, I suggest reccommending another reference source, within your review, that is considered better. I would be most anxious to take a look at it since it would allow a fair comparison.

As someone who works with property and casualty insurance a lot, this has been a great reference. It appears more focused on that than life or health insurance, but certainly has some terms from all areas.

Occasionally some definitions get bogged down in legalese or finance-speak, but if you read them carefully it's pretty easy to get a good idea. One thing I also love is the dictionary covers a lot of tangentially related teams that can frequently come up in an insurance context.

This book is a great tool for the insurance studies, the concepts are very clear and help you to have a better knowledge.

A better name for this product would be the Long-Winded Financial Terms Dictionary. Its pages are filled with non-insurance-related definitions for accounting, legal, and other financial-service terms. Worse yet, several key insurance-related terms that have come into existence in, say, the past century are not included. The only thing I have ever used this book for is to cite the author's claim that U.S. citizens spend more money on insurance than any other type of expenditure - but that occurs in the preface. The terms themselves are unhelpful and incomplete, and the book's pages are stuffed with filler.

Useful dictionary for people working for a insurance company or other financial institution.

The insurance industry has its own language. I have yet to come across a term that is not in this dictionary!