Insurance Puzzle

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Across
  1. 4. The process by which insurers assess risk and determine the terms and premium for an insurance polic
  2. 7. The chance of loss or damage to the insured property or person
  3. 8. An addition or change made to an insurance policy
  4. 10. The protection provided by the insurance policy against certain risks or losses
  5. 11. Specific conditions or circumstances that are not covered by the insurance policy
Down
  1. 1. amount paid by the policyholder to the insurance company for coverage
  2. 2. Insurance that insurance companies purchase to transfer some of the risk to another company.
  3. 3. Legal responsibility for damages or injuries caused to another party
  4. 5. An intermediary who helps individuals and businesses find insurance policies from various insurers
  5. 6. The amount the policyholder must pay out of pocket before the insurance company covers the rest
  6. 9. A principle where the insurance company compensates the policyholder for a loss