INSURANCE

4. the amount paid out of pocket by the holder of the policy
5. a consumer who purchases the policy
7. type of insurance that replaces a portion of income, in the event that an individual can not work due to injury or illness
8. type of insurance that is a contract between the policyholder and insurer specifying a sum to be paid to a beneficiary
9. this type of insurance includes collision coverage
12. the type of insurance that protects the insured from loss of the contents of the dwelling rather than the dwelling
13. an agreement between an individual and the insurance company to protect against risk

1. a contract between the individual and the insurance company
2. the recipient of funds upon the death of the insured
3. type of insurance that covers the insured if injuries or damages are caused to other people or their property
5. an event, which can cause a financial loss like fire, falling trees, and lightning
6. a type of insurance that protects a dwelling from damage costs due to a peril
9. one factor that affects the cost of an insurance premium
10. a fee paid to the insurance company to be covered under a specified term
11. type of insurance that provides protection against financial losses resulting from injury, illness, and disability
14. an unpredictable event, which leads damage or loss