econ

2. policyholder; purchase of insurance
5. amount of the loss you pay when you file an Insurance claim.
6. the agreement or contract between an individual and an insurance company
7. failure to take proper action or precautions
9. – the cost of an insurance policy
10. one who calculates risks based on percentage and determines premium
12. cash value Covers what you paid for the property minus depreciation
16. term disability insurance provides income for many years up to age 65
17. one who writes the policy, evaluates risk, assigns premium
18. term disability provides income for 13, 26, or 52 weeks
19. insurance replaces personal property if it is damaged due to events such as fire, smoke and vandalism in a rental residence

1. anything that increases likelihood of loss through a peril
2. placed back in same financial position as before the loss
3. anything that may possibly cause a loss; buy insurance against perils
4. amount you pay when you file an insurance claim
8. disability means that the policy will only pay if the employee is totally disabled.
11. sells insurance
13. insurance company; risk sharing that agrees to pay for losses
14. things that are protected or covered in an insurance policy
15. insurance is property insurance if you own a home. This insurance replaces the insured’s home and personal property if they are damaged due to events such as theft, fire, and smoke, and storm