Personal Finance Chapter 9 - Insurance
Across
- 5. Paperwork filed with an insurance company in order to get them to cover a loss for someone they insure
- 6. A fixed amount you pay for a covered health care service after you've paid your deductible
- 8. Financial cost of obtaining an insurance cover, paid as a lump sum or in installments during the duration of the policy
- 10. A legally enforceable declaration of how a person wishes his or her property to be distributed after death
- 11. Describes the type of coverage in an insurance agreement
Down
- 1. Specific amount of money that you pay when insurance only covers a portion of costs
- 2. The recipient of assets passed on from the death of a friend or relative
- 3. Applies to the amount of protection you have through an insurance company in the event of a loss
- 4. Amount you must pay before you begin receiving any benefits from your insurance company
- 7. The state or quality of being obligated according to law or equity
- 9. Limit The maximum benefit an insurance company will pay a policyholder if/when an insured event occurs
- 11. Amount you pay monthly, quarterly, semiannually, or annually to purchase different types of insurance