INSURANCE

4. a request by a policy holder for compensation under the insurance policy
6. an agreement in which you pay a company money, either in one payment or in regular payments, and they pay your costs, for example, if you lose or damage something, or have an accident, injury, etc.
9. a payment made by the policy holder for an insurance policy (usually monthly, yearly etc.)
10. written evidence of the contract between the insurer and the insured (policy holder)
12. the person or business that has an insurance policy, also called the policy holder
13. the maximum amount an insurer will pay for a covered loss under a policy
15. a system whereby an insurer sacrifices part of the premium to share part of the risk with another insurer
16. a chance or possibility of injury, loss etc.

1. an amount of money that a court decides should be paid to someone by the person, company, etc., that has caused them harm or injury
2. a specific amount you pay out of pocket before an insurer pays any expenses
3. to examine or assess a risk and work out the premium to be charged for insurance
5. one of the people or sides involved in a formal agreement or argument, esp. a legal one
6. the party who gives insurance cover
7. to repay or pay back money to someone
8. a payment made to a policy holder who has been injured or who has suffered a loss
10. an object or objects that belong to someone
11. loss or harm resulting from injury to person or property
14. protection guaranteed by an insurance policy