Chapter 9 Key Words Part I
Across
- 4. the amount of money you will pay out of pocket before the insurance company will make a payment
- 10. A type of Insurance that protects against claims resulting from personal injury or property damage as the result of an auto accident
- 12. A type of Insurance that protects for loss or damage to your vehicle caused by something other than a collision (such as vandalism)
- 13. an arrangement in which an individual will receive financial protection or reimbursement of losses from an insurer
- 14. a formal request by a policyholder to their insurance company for compensation for a covered loss
Down
- 1. the amount of time after the premium is due in which a policyholder can make a premium payment without suffering a lapse (break) in coverage
- 2. the contract between an insurance company and the insured individual
- 3. A type of Insurance that protects for destroyed or stolen personal property for a renter
- 5. A type of Insurance that is optional extended liability coverage that can be added to auto and homeowners policies
- 6. A type of Insurance that protects for damage to your car resulting from a collision with another car or object
- 7. A type of Insurance that protects for losses to a private residence and the possessions within it, as well as liability coverage against accidents in the home or on the property
- 8. the amount of liability protection offered to an individual through an insurance policy
- 9. the payments an individual makes each time they get medical service
- 11. the amount of money paid for an insurance policy