Insurance Vocab Review

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Across
  1. 2. Insurance to pay for damage to a vehicle for incidents that do not involve a collision: for example theft, storms, and fire
  2. 6. A small separate insurance policy in addition to another policy which covers some specific or most valued possessions (Rider)
  3. 7. An individual specified by the deceased who takes on responsibility of providing care for the children of the deceased
  4. 9. The legal process by which a will is reviewed by the court system
  5. 12. The legal right to act on someone else’s behalf in specified affairs
  6. 15. that pays for the damage of property of others involved in the accident when you are not a fault
  7. 18. A driver involved in a vehicle accident who does not have insurance
  8. 19. A fee paid to the insurance company to be covered by the insurance policy under the terms in the agreement
  9. 21. Insurance that provides protection for a home and the contents in the home
  10. 22. When a report is filed with an insurance company so that the insured party may be compensated for the damages
  11. 24. Insurance to pay for the damage to a vehicle when involved in a collision with another vehicle or object
  12. 25. A certain type of insurance that protects a home against damage or destruction caused by a flood
Down
  1. 1. Insurance that pays for the medical bills of the individuals involved in an automobile accident
  2. 3. A contract between the insured and the insurer that specifies the terms and arrangements of the insurance
  3. 4. The legal contract holding property of an individual for the benefit of someone else
  4. 5. Insurance that protects against the loss of contents in the residence, but not the residence itself
  5. 8. An individual or institution appointed to manage property for the benefit of someone
  6. 10. The amount paid out of pocket by a policyholder when a loss occurs. If the loss is over this amount, the insurance company pays the rest of the loss
  7. 11. A legal document that enforces an individual’s wishes regarding how property and guardianship should be distributed after the death of an individual
  8. 13. The party who makes sure that willed items or money are distributed in the manner that the deceased desires
  9. 14. A person that is financially supported for tax purposes or insurance purposes
  10. 16. The person(s) entitled to receive some type of property under the provision of a will
  11. 17. A person covered by insurance
  12. 20. The portion of a medical expense for which the insured of a health plan must pay out of pocket
  13. 23. A legal document that states medical wishes for an individual if he/she become incapacitated or unable to make medical decisions