NATURE OF INSURANCE

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Across
  1. 2. Transfer of financial risk
  2. 10. Size of loss
  3. 11. Passing risk to others
  4. 12. Keeping the risk
  5. 14. Risk with loss or no loss
  6. 15. Islamic insurance alternative
  7. 17. Sharing loss among insurers
  8. 18. Eliminating risk
  9. 19. Legal responsibility
  10. 20. Condition increasing chance of loss
Down
  1. 1. Possibility of loss
  2. 3. Risk assessment process
  3. 4. Compensation for loss
  4. 5. Amount paid for coverage
  5. 6. Recovery from third party
  6. 7. How often loss occurs
  7. 8. Doubt about future outcome
  8. 9. Risk with gain or loss
  9. 13. Revealing material facts
  10. 16. Direct cause of loss