QUIZ: Crossword Puzzle - Insurance & Tax Vocab
Across
- 5. A type of tax that governments impose on income generated by businesses and individuals.
- 7. The type of coverage that pays for the damages to your vehicle sustained as a result of a collision with another vehicle or object.
- 9. The protection against financial loss provided by an insurance contract.
- 10. The insurance company that provides insurance coverage and services.
- 11. Something people buy to protect themselves from losing money in the event of an accident or unexpected mishap.
- 13. The chance that a loss may occur.
- 15. The type of coverage that pays or medical and funeral expenses for anyone covered under your insurance policy in the event of an accident, regardless of fault.
- 17. The type of coverage that pays for medical expenses and/or funeral costs of other individuals injured, or killed, in an accident for which you are liable.
- 19. The amount of money that you must pay out of pocket for damages before your insurance company pays on a claim.
- 21. A policy that ends because you did not pay the premium amount.
Down
- 1. The type of coverage that pays for damage to your vehicle sustained as a result of fire, theft, vandalism, or various other stated causes.
- 2. The federal social security insurance program created to provide for the material needs of individuals and families who are retired, old-age, survivors, and/or have a disability.
- 3. The type of coverage that pays for injuries, including death, which you and/or other occupants of your vehicle sustain as a result of a collision with an uninsured driver who is at fault.
- 4. A compulsory financial charge imposed on a taxpayer by a governmental organization (federal, state, and municipal governments) to fund government spending and various public expenditures.
- 6. The injury or damage sustained by the insured that the insurance company agrees to cover.
- 8. The policy holder; The person(s) covered by the insurance policy.
- 12. A tax imposed by the government on the sale of goods and services.
- 14. The specific risk or cause of a loss covered by your insurance policy. Examples include explosion, collision, flood, fire, theft, vandalism, water damage, etc.
- 16. The amount of money that you must pay monthly or annually for insurance coverage.
- 18. The federal health insurance program for people who are 65 or older.
- 20. When you make a request to your insurance company to pay you after a loss.