Intro to IL

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Across
  1. 5. A legal agreement between an insurer and an insured, whereby the insurer provides financial coverage for the losses of the insured that s/he may bear under certain circumstances
  2. 6. Process by which a policy owner uses their policy as collateral for a loan
  3. 9. Clients may apply for some policies using this online platform
  4. 12. The total amount contractually due for payment on a policy
  5. 13. The number of Sagicor Life Branches in Jamaica
  6. 14. _______________, First Life, Life of Jamaica and Mutual Life are all companies acquired by Sagicor Life
  7. 15. Paid-to-date
Down
  1. 1. The person named on the policy to receive the insurance proceeds at the death of the insured
  2. 2. A client voluntarily cancels their policy
  3. 3. The discontinuation of insurance without cash value if the required premium is not paid
  4. 4. The restoration of a lapsed/suspended policy to an active status
  5. 7. Face Value/Coverage amount
  6. 8. Life branch that only assists with Health Insurance
  7. 10. Someone whose life is covered by an insurance company
  8. 11. The cost of insurance