New Zealand has long needed a book that presents in easy-to-read language its own risk management and insurance environment. The second edition of Risk Management and Insurance in Zealand updates the successful first edition, the first written for those studying or working in the New Zealand insurance industry. The book's focus is on personal risk - health, accident, retirement, death, etc - that is faced by everyone. The "risk management approach" basis of the book explains the correct procedures for assessing the optimal type and level of insurance cover for individuals and families in varying situations. Insurance cover has protected the wellbeing - emotional and financial - of hundreds of thousands of New Zealanders and, conversely, the lack of it has left many in irreparable loss situations. Sections cover the nature of risk; insurance pricing; the industry; regulation; the legal system and contract and insurance law; life insurance; estate planning; retirement risk; disability, accident and medical insurance; and a new section on business insurance. Also covered is the proposed code of professional conduct for authorized financial advisers in New Zealand.