IRT
Across
- 2. A specific risk or cause of loss covered by an insurance policy
- 5. The process by which a life insurance company puts a policy back in force after it lapsed because of nonpayment of renewal premiums.
- 6. The termination of an insurance policy because a renewal premium is not paid by the end of the grace period
- 9. - The amount the insured must pay in a loss before any payment is due from the company
- 10. An extra charge added to a premium by an insurance company.
Down
- 1. Assignment of rights of recovery from insured
- 3. Continuation of a policy after its expiration date.
- 4. The person who reviews an application for insurance and decides if the applicant is acceptable and at what premium rate
- 7. The contract issued by the insurance company to the insured
- 8. An individual employed by an insurer to evaluate losses and settle policyholder claims. Also see "public insurance adjuster."