Insurance Revision

2. The payment that an insurance broker receives from the insurance company
3. Home insurance is made up of buildings and __________ insurance
7. The insurer takes over the rights after paying a claim
8. The application form for insurance
9. If you have motor insurance and do not have any accidents, you receive a no ______ bonus
10. you must have a financila interest in what you are insuring
14. Home insurance is known as an ____ - risk policy
15. The fee paid for Insurance
16. The period after your insurance has ended, during which time you are still insured if your renewal premium has not yet been paid.
18. you should not make a profit from insurance
19. Something that increases the chance of a loss

1. The insurance ________ is the written document from the insurance company that contains all the details about the insurance contract.
2. Sharing the cost of the claim between insurers
4. Insurance Everyone who drives a car must have this type of insurance
5. The most expensive type of car insurance
6. People who take out a mortgage must also take out term assurance called ______ mortgage protection insurance
11. the principle that both the insurer and insured must be honest
12. ____________ value is the value of a life assurance policy when it is turned into cash
13. An insurance _______ is a person who works for themselves and sells insurance for a number of different insurance companies
17. The person who calculates the risk and the premium charged