Insurance terms

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Across
  1. 4. – The amount a policyholder must pay out of pocket before insurance covers costs.
  2. 6. – The extent of protection provided by an insurance policy.
  3. 8. – A request for payment from an insurance company.
  4. 9. – When an insurance company transfers part of its risk to another insurer.
  5. 10. – The chance of financial loss, which insurance helps to manage.
Down
  1. 1. – The person who owns an insurance policy.
  2. 2. – Conditions or situations not covered by an insurance policy.
  3. 3. – A person designated to receive benefits from a policy.
  4. 5. – Legal responsibility for damages or injury.
  5. 7. – The amount paid for an insurance policy.