This text focuses on problem-solving from managerial, consumer, and societal perspectives. It emphasizes both the business managerial aspects of risk management and insurance and the numerous consumer applications of the concept of risk management and insurance transaction ÍNDICE 1. Fundamentals and Terminology. 2. Defining the Insurable Event. 3. Risk Management. 4. Financial Services Companies. 5. Insurance Occupations. 6. The Insurance Market: The Economic Problem. 7. Insurance Regulation. 8. Insurance Contracts. 9. Basic Property and Liability Insurance Contracts. 10. Homeowners Insurance. 11. The Personal Auto Policy. 12. Professional Financial Planning. 13. Life Insurance Policies. 14. Annuities. 15. Medical Expense and Disability Insurance. 16. Standard Life Insurance Contract Provisions and Options. 17. Advanced Topics in Risk Management. 18. Commercial Property Insurance. 19. General Liability Insurance. 20. Special Liability Insurance. 21. Bonding, Crime Insurance, and Reinsurance. 22. Employee Benefits. 23. Social Security. 24. Unemployment and Workers' Compensation Insurance