CurlyMagic - Insurance & Health Exam - Ch. 1 - Vocabulary
Across
- 3. The amount paid upon the death of the insured in a life insurance policy
- 4. A legal representative of an insurance company; the classification of producer usually includes agents and brokers; agents are the agents of the insurer
- 5. The person entitled to exercise the rights and privileges in the policy
- 9. or proposed insured — a person applying for insurance
- 11. Person covered by the insurance policy; may or may not be the policyowner
- 12. Intentional misrepresentation or deceit with the intent to induce a person to part with something of value
- 13. A person who receives the benefits of an insurance policy
Down
- 1. Insuring of risks that are more prone to losses than the average risk
- 2. A contract between a policyowner (and/or insured) and an insurance company which agrees to pay the insured or the beneficiary for loss caused by specific events
- 6. Coverage on human lives
- 7. Policy termination due to nonpayment of premium
- 8. The money paid to the insurance company for the insurance policy
- 10. The company that issues an insurance policy