CP

5. Basic type of insurance that covers a person's life.
7. The amount the insurance policy is worth if you cancel it before it matures.
8. Person who persuades people to buy insurance policies.
10. Process of asking for payment from an insurance policy after the death of the insured.
12. Person who receives the insurance benefits.
13. Type of life insurance that covers a specific period, such as 10 or 20 years.
15. Regular payment made to keep a life insurance policy active.

1. An additional benefit added to a life insurance policy.
2. Person who is designated to receive the insurance benefits.
3. Person who owns the life insurance policy.
4. Money paid to the beneficiaries when the insured person dies.
6. Methodical or planned approach to selling life insurance.
9. A reinsurance process where one insurer insures part of its risk with another insurer.
11. An addition or amendment to an insurance policy.
14. The time when a life insurance policy pays out.