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