Insurance Terms

1234567
Across
  1. 3. professional assessment of a property's value
  2. 5. is the amount equal to the replacement cost minus depreciation of a damaged or stolen property at the time of the loss.
  3. 7. a legal settlement paid out as an annuity rather than in a lump sum, usually with certain tax advantages for the recipient and a savings for the payer.
Down
  1. 1. the maximum dollar amount of damages (“indemnity”) an insurance carrier will pay on your behalf
  2. 2. the amount of money an individual or business pays for an insurance policy.
  3. 4. page sums up what is in an insurance policy.
  4. 6. an insurance claims agent charged with evaluating an insurance claim to determine the insurer's liability under an owner's policy