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 Associate Professor of Finance at Ryerson University. She developed the Financial Planning program at Ryerson and registered the program with FP Canada so that Bachelor of Commerce students as well as graduates in the Certificate in Financial Planning can write the two national examinations — FPSC Level 1® and Certified Financial Planner®. Before coming to Ryerson, Coleen had extensive experience in the private sector in music publishing, magazine publishing, manufacturing, and as a consultant to small businesses. She retired from her full-time position at Ryerson in 2014 and from her position as Coordinator for the Certificate in Financial Planning in 2016.