Insurance Operation Vocabulary

1234567891011
Across
  1. 4. a type of life insurance where the insurance company agrees to pay the death benefit
  2. 5. something that has value
  3. 8. a person that can be removed by the policy owner at any time
  4. 10. A life insurance policy entitles an individual or entity to the rights, title, and benefits.
  5. 11. The policy offers death benefit protection for the insured's entire life and includes an investment feature called cash value.
Down
  1. 1. the individual making the premium payments for the policy
  2. 2. an agreement between the insurer and the applicant
  3. 3. a person who can't be removed from a life insurance policy without his or her consent
  4. 6. states that if the insured and the beneficiary die at the same time the death benefit is paid to the contingent beneficiary
  5. 7. the individual that owns a life insurance policy
  6. 9. the person who will recive the assets