Insurance and Tax

1234567891011121314
Across
  1. 2. Rule applied when an item is insured for less than its value.....
  2. 6. A tax that takes a higher amount from people who earn more.....
  3. 8. Income tax that all employees pay on their wages.....
  4. 9. When taxpayers deliberately fail to pay the correct amount of tax.....
  5. 10. Tax paid on the profit earned from the sale of assets.....
  6. 13. Extra amount added to basic premium for increased risk.....
  7. 14. Money that all businesses and households must pay to the government.....
Down
  1. 1. The state agency responsible for tax collection.....
  2. 3. Principle stating you cannot make a profit from a claim.....
  3. 4. Interest Principle stating you can only insure something you own.....
  4. 5. Amount paid out by the insurance company for a successful claim.....
  5. 7. Good Faith Principle requiring disclosure of all material information.....
  6. 8. Fee paid for insurance.....
  7. 11. Legal contract outlining what is insured.....
  8. 12. Person who calculates the insurance premium.....