Insurance

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Across
  1. 3. / Periodic payments made over a specified period
  2. 5. / declaration by an insurer that the policy was never in effect
  3. 7. / Separation of loss exposure units
  4. 8. / Temporary evidence of insurance
  5. 12. / Also known as the information page
  6. 13. / Restoration of a loss up to the amount of the loss
  7. 15. / Insurance to sophisticated insureds
Down
  1. 1. / Settles insurance claims
  2. 2. / Insurer right to recovery
  3. 4. / Also termed as insurance endorsements
  4. 6. / Suffers part of the loss itself
  5. 9. / An amount the insurer will deduct from the loss before paying up to its policy limits
  6. 10. / Exchanging of reinsurance between two reinsurers
  7. 11. / Condition that incapacitates a person in some way so that he or she cannot carry on normal pursuits
  8. 14. / Life insurance that pays the face value to the insured either at the end of the contract period or upon the insured's death