Insurance Terminology

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Across
  1. 6. the process of selecting applicants for insurance and classifying them according to their degrees of insurability so the appropriate premium rates may be charged
  2. 8. professional who sells an insurance company's products to a business or consumer
  3. 9. person who investigates an insurance claim and determines how much or if a claim will be paid
  4. 10. the termination of insurance coverage during the policy period
  5. 14. organization that is providing the insurance and will pay claims
  6. 15. business insurance claims history
  7. 16. date the policy ends or expires
  8. 20. a change in the policy that adjusts the coverage
  9. 21. a document from an insurer to show you have business insurance
  10. 23. the maximum amount a policy will pay, either overall or under a particular coverage
  11. 24. coverage for all sums the insured becomes legally obligated to pay because of bodily injury or property damage, and some times other wrongs, to which an insurance policy applies
  12. 25. amount you pay to an insurance company in exchange for coverage under the policy
Down
  1. 1. provides coverage for incidents which happen during your policy period, regardless of when you file a claim
  2. 2. a temporary document which shows proof of coverage until a policy can be written or delivered
  3. 3. a person or organization not automatically included as an insured who is included at the request of the named insured
  4. 4. person or organizations that are provided with insured status by the terms of the policy
  5. 5. notice to an insurer that under the terms of a policy, a loss may be covered
  6. 7. an interest by the insured person in the value of the subject of insurance
  7. 11. being legally responsible for a third party's injury or damages
  8. 12. a professional who represents the consumer in searching for the best policy to fit their needs
  9. 13. an estimate of the cost of insurance, based on information supplied to the insurance company by the applicant
  10. 17. contract between the insurance company and the insured that defines conditions
  11. 18. person or org purchasing the insurance
  12. 19. the amount of the loss which the insured is responsible to pay before benefits from the insurance company are paid
  13. 22. date the policy goes in to effect or begins