INSURANCE
Across
- 1. A home is _______-insured for R750 000 when it would sell for R850 000.
- 3. Another name for long-term insurance.
- 6. Amount paid (per month or year) to receive cover.
- 9. The purpose of insurance is to place a business in the same ______ position as before the event took place.
- 13. The RAF protects all road users, even against _______ drivers.
- 14. Type of insurance that protects a business against employees' dishonesty
Down
- 1. The fund ("_IF") responsible for payout to those without jobs.
- 2. Business _________: business losing revenue as result of suppliers not delivering.
- 4. An uninsurable event
- 5. The monthly payment amount for insurance is calculated based on the value of the good and the degree of _______ involved.
- 7. Public _____ insurance.
- 8. The party that provides the cover
- 10. Retirement annuities cannot be used as security for a _____.
- 11. Type of long-term insurance where a person's dependents receive the payout.
- 12. _______ insurance covers a business against any structural damage.