Chapter 19​ Insurance

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Across
  1. 2. automobile insurance that protects against upset and direct and accidental damage due to colliding with another object
  2. 5. insurance providing liability and other coverages for the operation of a motor vehicle
  3. 8. The recipient of the amount to be paid is the
  4. 9. modifications made to the standard fire policy to eliminate certain risks for coverage
  5. 11. The party covered or protected is the
  6. 15. a type of casualty insurance that indemnifies against personal injury or property damage claims for which the insured is legally responsible.
  7. 17. insurance that covers against all damage to the insured’s car except that caused by collision or upset
  8. 19. managed care insurance plan that arranges for member discounts across a wide range of services
  9. 20. The party who agrees to indemnify is called the
Down
  1. 1. When one party pays to compensate for such harm, that party is said to
  2. 3. health maintenance organization, provides comprehensive, “managed” care to its members through fixed premiums
  3. 4. a clause prohibits the insurer from refusing to perform due to misrepresentation or fraud after the policy has been in effect for a specified period of time—usually two years.
  4. 6. period of time during which an overdue insurance premium can be paid to keep the policy in force
  5. 7. is the process by which the insurance company examines the prospective insured-with his or her express consent-to determine whether to offer the coverage requested and how much the company will charge for the coverage.
  6. 10. The consideration for a contract of insurance is called the
  7. 12. a practice or arrangement by which a company or government agency provides a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a premium.
  8. 13. The potential for loss arising from injury to or death of a person or from damage or destruction of property from a specified peril is called the
  9. 14. exceptions to insurance coverage
  10. 16. The written contract of insurance is called a
  11. 18. excuse the insurer from the obligation to pay the death benefit.