set 2

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Across
  1. 4. Insurer owned by a parent company to insure its own risk.
  2. 5. Provision adding to or modifying original policy.
  3. 7. Insurance that pays if insured dies within a specific period.
  4. 8. Method where insurer and reinsurer share losses by propotion.
  5. 9. Process of converting a mutual insurer to a stock company.
Down
  1. 1. Professional who calculates premiums and reserves.
  2. 2. False statement that makes contract avoidable.
  3. 3. Type of life insurance with temporary protection
  4. 4. Intentional failure to reveal material fact.
  5. 6. Clause encouraging insured to insure to a percentage of value