Insurance Terms

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Across
  1. 3. An extra charge applied by the insurer. For automobile insurance, usually for accidents or moving violations.
  2. 4. Amendment to the policy used to add or delete coverage. Also referred to as a "rider."
  3. 5. A licensed person or organization authorized to sell insurance by or on behalf of an insurance company.
  4. 7. The written contract of insurance.
  5. 8. The amount of money an insurance company charges for insurance coverage.
  6. 9. Notice to an insurer that under the terms may bepolicy, a loss maybe covered.
  7. 11. A contract providing income for a specified period of time, or duration of life for a person or persons.
  8. 12. An individual who may become eligible to receive payment due to will, life insurance policy, retirement plan, annuity, trust, or other contract.
Down
  1. 1. A decrease in value due to age, wear and tear, etc.
  2. 2. The policyholder - the person(s) protected in case of a loss or claim.
  3. 6. Certain causes and conditions, listed in the policy, which are not covered.
  4. 10. Maximum amount a policy will pay either overall or under a particular coverage.