QUIZ: Crossword Puzzle - Insurance & Tax Vocab

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Across
  1. 5. A type of tax that governments impose on income generated by businesses and individuals.
  2. 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.
  3. 9. The protection against financial loss provided by an insurance contract.
  4. 10. The insurance company that provides insurance coverage and services.
  5. 11. Something people buy to protect themselves from losing money in the event of an accident or unexpected mishap.
  6. 13. The chance that a loss may occur.
  7. 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.
  8. 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.
  9. 19. The amount of money that you must pay out of pocket for damages before your insurance company pays on a claim.
  10. 21. A policy that ends because you did not pay the premium amount.
Down
  1. 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. 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. 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. 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.
  5. 6. The injury or damage sustained by the insured that the insurance company agrees to cover.
  6. 8. The policy holder; The person(s) covered by the insurance policy.
  7. 12. A tax imposed by the government on the sale of goods and services.
  8. 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.
  9. 16. The amount of money that you must pay monthly or annually for insurance coverage.
  10. 18. The federal health insurance program for people who are 65 or older.
  11. 20. When you make a request to your insurance company to pay you after a loss.