Insurance Crossword Puzzle # 1

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Across
  1. 1. ________is the remainder of the owner’s equity or the amount by which the company’s assets exceed it liabilities and capital.
  2. 5. As per risk management technique, Insurance relates to ________ of risk from Insured to insurer. Down
  3. 6. one who assess the risk and decides whether or not to accept a proposal for insurance.
  4. 7. This is an insurable risk
  5. 9. Pricing in insurance is done by them.
Down
  1. 1. _______risks refer to those proposed insured’s who present a significantly greater than average likelihood of loss but are still found to be insurable.
  2. 2. Life insurance is not a contract of __________.
  3. 3. The ________ Premium system is a life insurance premium system that allows a policy owner to pay the same premium amount each year as policy is in force.
  4. 4. _____ rate is one of the pricing factor in life insurance.
  5. 8. ______ Contract specifies the amount of policy benefit that will be payable when a covered loss occurs, regardless of the actual amount of loss that was incurred.