Financial Planning II Unit 1.04
Across
- 3. insurance in which the underwriter's liability does not arise until the loss exceeds a stated amount and then only on the excess above that amount
- 5. are types of coverage that help protect you and the property you own.
- 7. an insurance policy that covers standard risks or one that provides mandated or government recommended coverage
- 9. work in the insurance industry and handle insurance claims
Down
- 1. a provision within an insurance policy that eliminates coverage for certain acts, property, types of damage or locations
- 2. is a company that sells insurance directly to customers
- 4. transfers risk to another company to reduce the likelihood of large payouts for a claim.
- 6. an insurance agent who assesses the amount of compensation that should be paid after a person has made a claim on their insurance policy.
- 8. an insurance company that is wholly owned and controlled by its insureds