Emily Canaway

3. the person or property you want to insure
4. cover loss resulting directly from an unfriendly or hostile fire
6. is the person named in the policy to recieve benefits paid by the insurer in the event of a loss
8. you buy the policy, you are the
10. is the writtencontract between a person buying insurance and the insurance company that sells it
12. is the amount of protection stated in a life insurance policy, meaning the amount of money a benefiacry would recive if the insured died
13. preotects you against loss pf persoanl property, liabilty for a visitors pesonal injury
14. or the insurance company , agrees to compensate you for a specific loss
15. protects against most typers of losses and liabilities related to home ownership
16. provides protection for a stated time, generall 20 to 30 years
19. allows policy holders to chnage the terms of the policy as their needs change
23. is a healthcare plan for low-income people
26. covers ships at sea
28. of a life-insurance plicy is the amount of money you can taje by either borrowing against or chashing in the policy

1. is the amount of money you pay to the insurance company for insurance coverage
2. allows you to stop paying premiums after a stated length of time
5. a federally funded health insurance program
7. is a contract which , for consideration
9. covers goods that are moved by land carriers such as trains, trucks and airplanes
10. a contract in which the insurer promises, for stated premium, to pay you sum of money if a particular piece of real or personal property is damaged or destroyed
11. also called ordinary life insurance and whole life insurance, requires payment of premiums througout the insured life
17. is a provision in an insurance policy that limits your reocvery for a loss f the property is not insured fr its full replacement value
18. is issued for a particular period, usually five or ten years
20. is the person whose life or property is insured
21. is an insurance contract that provides monetary compensation for losses suffered as a result of someones death
22. is one that insures property that cannot be covered by sppecific insurance because it is constantly changing in value or location
24. gives you temporary protection until a policy is issued
25. is an attachment to an insurance policy that modifies the policy terms
27. is a guaranteed requirement income that is purchsed by paying either a lump-sum premium or making periodic payments to an insurer