CROSSWORD DANAE

4. A term used to describe physical loss or destruction to property or contents.
5. Repayment of money to a consumer for a cost that is actually covered by the insurance policy.
8. An arrangement where an insurance policy is shared by more than one insurer.
9. An event or outcome that you can insure yourself against such as fire, theft, flooding.
11. Any person or firm that sells insurance but is not an insurance company themselves. This can include brokers, independent financial advisers, banks, comparison websites and trade unions
12. An unexpected or unplanned event or incident often causing damage or injury such as a road traffic accident.
13. This is someone who takes responsibility for another person's debts or promises, and guarantees that they will be paid or undertaken.
14. The insurance cover as agreed between the insurance company and customer.
16. A professional person who is qualified to calculate risks and probabilities relating to insurance and pensions.
18. An added amount or payment on top of what you would usually expect to receive as a result of high levels of performance.
19. A risk or item specifically not covered by a policy.

1. A policy which covers certain risks when you go on holiday, for example the cost of unavoidable cancellation, personal accident, medical treatment abroad and lost or stolen luggage.
2. What your insurance will and won’t protect if you need to make a cla
3. The process of closing down a company by paying its debts and distributing any money left over.
5. This term is often used to describe someone who has caused a loss or damage
6. Money paid by an insurer when a claim is accepted
7. An insurance company that is owned by its customers.
10. This is when someone promises to pay for loss or damage they cause someone else.
15. The person who the insurance covers.
17. An agreement between two or more people to do (or not to do) something. The agreement can be enforced by law.