Insurance Terms - ALL A'S

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Across
  1. 2. REPLACEMENT VALUE MINUS DEPRECIATION
  2. 4. UNPLANNED OR UNFORSEEN EVENT
  3. 5. METHOD OF DEALING WITH RISK BY DELIBERATELY KEEPING AWAY FROM IT
  4. 8. MAXIMUM LLIMIT OF COVERAGE AVAILABLE UNDER A LIABILITY POLICY
  5. 9. CONTRACT BASED ON "TAKE IT OR LEAVE IT" BASIS
  6. 12. TENDANCY OF RISKS WITH HIGHER PROBABILITY OF LOSS TO PURCHASE & MAINTAIN INSURANCE
Down
  1. 1. ABDICATION OF INSURED PROPERTY
  2. 2. OCCURS DUE TO EXTREMELY DANGEROUS OPERATIONS
  3. 3. INDIVIDUAL OR BUSINESS THAT ARE NOT NAMED AS INSURED ON DECLARATIONS PAGE, BUT PROTECTED UNDER POLICY
  4. 6. PROVISION THAT ALLOWS FOR MORE COVERAGE FOR SPECIFIC LOSS EXPENSE WITHOUG INCREASE IN PREMIUM
  5. 7. INSURANCE COMPANY INCORPORATED OUTSIDE OF UNITED STATES
  6. 10. COMPANY AUTHORIZED AND LICENSED TO TRANSACT BUSINESS IN A PARTICULAR STATE
  7. 11. INDIVIDUAL WHO IS LICENSED TO SELL, NEGOTIATE, OR EFFECT INSURANCE CONTRACTS ON BEHALF OF AN INSURER