Insurance 12

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Across
  1. 3. analyses the various needs that must be met if the family head should die.
  2. 5. can be defined as the present value of the family’s share of the deceased breadwinner’s future earnings.
  3. 6. insurance is a risk-pooling plan, an economic device through which the risk of premature death is transferred from the individual to the group.
  4. 7. what is insured in life insurance : possibility of death or untimely death.
Down
  1. 1. is death of a family head with outstanding unfulfilled financial obligations
  2. 2. Is there a possibility of partial loss in life insurance
  3. 4. Individual has _ _ _ _ _ _ _ _ _ insurable interest when it comes to life.