Insurance Vocabulary

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Across
  1. 2. A written contract of insurance.
  2. 4. A person whose job is to calculate the price of an insurance product.
  3. 6. A decrease in the value of property due to wear and tear, age etc.
  4. 8. A person requesting an amount for covered losses from the insurer.
  5. 10. An amount of money paid by an insurer to an insured person following loss.
  6. 12. A person whose job is to design insurance products.
Down
  1. 1. The amount a policy holder agrees to pay before the insurer covers a loss.
  2. 3. When an insurance company pursues a third party to reclaim for damage they caused.
  3. 5. the money one individual or party is legally required to pay the other.
  4. 7. A person who sells insurance products.
  5. 9. When a customer contacts their insurance company following an accident, they make a ...
  6. 11. The amount of money an insurance company charges in return for providing coverage