Insurance

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Across
  1. 5. provides support for illness or disability or injury
  2. 7. spread of financial risk among large no. of contributors
  3. 8. one of the objective of insurance
  4. 9. It is an autonomous body to regulate insurance
  5. 11. to protect against catasrophic events
  6. 12. amount paid to the nominee
  7. 13. it is relevant to materiality concept
  8. 14. security,protection & compensation
Down
  1. 1. according to this,both parties must be signed by both parties
  2. 2. for life insurance this principle is not applicable
  3. 3. substituting one creditor for another
  4. 4. insurance provides___
  5. 6. A contract between two parties
  6. 10. insurance works on basic principle of