Personal Finance

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Across
  1. 1. The recipient of funds or other benefits from insurance policies
  2. 3. Risk transfer to a third party
  3. 5. A business whose main purpose is to receive deposits and make loans
  4. 6. Amount paid on an insurance policy per a given time period
  5. 9. Used when a person is not capable of working
  6. 11. Interest on the original loan
  7. 14. A periodic payment for the use of borrowed funds
  8. 15. A collection of securities chosen and managed by a group of professional fund managers
  9. 16. More money is taken out based on a larger paycheck (federal tax)
Down
  1. 2. Interest paid on both the original loan and interest earned
  2. 4. When benefits outweigh costs
  3. 7. Used when a person is sick
  4. 8. Insurance that protects your belongings from theft and destruction
  5. 10. Benefits survivors or the deceased
  6. 12. Your payment before an insurance company begins coverage
  7. 13. The amount of money borrowed, or the amount of money still owed on a loan