CX Week Crossword
Across
- 1. A danger or hazard that can cause a loss.
- 7. Termination of an insurance policy by the company or insured before the renewal date.
- 8. A fire resistive wall erected to slow or stop the spread of fire between parts of a building.
- 10. The cost to replace a damaged or destroyed item of property without deduction for depreciation; may be the basis of reimbursement for some losses.
- 11. The tendency of insureds with a greater-than-average chance of loss to purchase insurance.
- 13. A summary of coverages and premiums proposed by an agent to a prospective client.
- 14. A decision by an insurance company not to renew a policy.
- 16. Adjusts your home insurance policy limits to account for increases in costs to repair or replace your home or property due to inflation.
- 17. The date on which an insurance policy becomes effective.
- 19. A written agreement attached to the insurance policy which alters the provisions of the contract.
- 20. The maximum amount your liability policy will pay.
Down
- 2. The date on which an insurance policy expires.
- 3. A provision in the insurance policy that indicates what is denied coverage.
- 4. Contract or device for transferring the risk of loss from a person, business, or organization to an insurance company.
- 5. The amount of money the policyholder must pay on a loss.
- 6. You and residents of your household
- 9. The insurance company representative who sells policies on behalf of the insurer.
- 11. The value of your property, based on the current cost to replace it minus depreciation. Also see "replacement cost."
- 12. The chance or uncertainty of loss.
- 15. The amount of a pre-paid premium that has not yet been used to buy coverage.
- 18. residence premises