Insurance Policies

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Across
  1. 3. the amount paid to the insurer to keep the insurance policy in force
  2. 5. a contract providing for financial protection against a specified loss
  3. 8. the individual or organization to whom the policy is issued
Down
  1. 1. the company that assumes the risk and agrees to pay losses covered by the policy
  2. 2. a person or organization designated to receive the proceeds of the insurance policy
  3. 4. an identified amount of a loss that must be paid by the insured before the insurer is liable
  4. 6. the person or business covered by the insurance policy
  5. 7. a legal contract through which insurance is implemented