Risk Management and Insurance in Canada, 2e

Coleen Clark     

Captus Press, ISBN 978-1-55322-377-1 (2018)
664 pages, 1530 g, 8.5 X 11, $69.50 (US$55.60)

A perfect textbook for risk management programs, Risk Management and Insurance in Canada, 2e provides a balanced introduction to the subject – from identifying and analysing potential risk exposures complete with real-life examples to assessing the alternatives for dealing with them.

Insurance is a complex industry. Employing 280,000 people, it has an enormous impact on the economy and on the day-to-day lives the average Canadian. However, surprisingly few people fully understand the issues that must be considered when selecting an appropriate insurance policy.

Through an in-depth survey of commonly available homeowner, commercial and life insurance contracts, the rights and obligations of the parties to an insurance policy are examined. Auto, health, and income-protection coverage round out the types of protection needed that can vary a great deal by province and territory. Subsequent discussions enable the read to determine the type and optimal amount of coverage they would need. The book also offers students an introduction to the operations of this large and important industry.

This text meets the specific knowledge requirements for insurance set by the Financial Planning Standards Council (FPSC) for the Certified Financial Planner© (CFP©) national examination.

Table of Contents   top




1. Risk, Risk Management and Insurance

2. Backdrop to Insurance and Insurance Law

3. Automobile Insurance

4. Homeowners Insurance

5. Commercial Insurance

6. Health Care

7. Income Protection Plans

8. Life Insurance

9. Insurance Operations


Acronyms and Glossary




Instructor Resources   top

An online instructor's manual containing solutions to the questions and problems is available for instructors.

Visit the Instructor Resources website

Related Resources   top

About the Author   top

Coleen Clark, MBA, CFP, was an assistant professor of finance at Ryerson University specializing in personal finance. She developed Ryerson’s Financial Planning program, which, is registered with the Financial Planners Standards Council. Graduates of the program are qualified to write the national Certified Financial Planner® examination. Professor Clark has been working closely with the FPSC to develop educational programs that ensure financial planners in Canada are of the highest quality. Before joining Ryerson, Professor Clark worked extensively in the private sector in manufacturing and as a consultant to small business.

Both of her textbooks, Retirement and Estate Planning in Canada 2e, and Risk Management and Insurance in Canada are written to fill gaps in these fields by providing a detailed overview of these areas. Written with her students’ professional future in mind, the books also meet the educational requirements for CFP® examination.