RISK & INSURANCE
Across
- 3. method used to attract new or retain existing customers
- 4. Commission offered to intermediaries for agreed volume of business
- 7. the part of the premium necessary to cover other expenses
- 8. imposed by underwriters as a condition of acceptance
- 10. feature of an insurable risk
- 11. commission offered to intermediaries that write profitable business
- 12. indicate a moral hazard
- 13. an amount borne by the insured in return for a premium discount
Down
- 1. may indicate a moral hazard
- 2. the money charged after risk acceptance
- 5. the ratio of the loading charge over the gross rate
- 6. the price per unit of insurance for each exposure unit
- 9. An important rating factor in property insurance