Insurance Rocks!

2. The chance of a loss
6. A legal principle calling for the highest standards of integrity on the part of the insured and the insurer
7. A licensed independent person or firm who acts on behalf of an insured in placing business with insurance companies
9. fact A fact that would affect a contract of insurance enough to influence an insurer's decision regarding whether to accept or reject the risk or the premium to be set
11. To provide compensation for loss or expenses incurred
13. A contract in which one party, the insurer, for monetary consideration agrees to reimburse another, the insured, for a loss or liability for a loss on a defined subject caused by specified hazards or perils

1. The price of insurance protection for a specified risk for a specified period of time
3. The individual within an insurance company whose responsibility it is to accept or reject business
4. unlawful removal of property from premises involving visible forced entry
5. A risk or probability that the event insured against might occur
8. Failure to use the degree of care expected from a reasonable and prudent person
10. One who investigates insurance claims, makes recommendations regarding the payment of benefits from insurance policies, and negotiates payments and settlements
12. The event that caused a loss covered by the policy