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Across
  1. 3. Damaged property is replaced with new property without depreciation
  2. 4. Both parties must disclose all material facts
  3. 7. Covers loss of income and fixed expenses after business interruption
  4. 8. Pays medical and funeral expenses after an auto accident
  5. 11. Protection when an accident is caused by a driver without insurance
  6. 15. Stock value is declared periodically
Down
  1. 1. One policy covers property at different locations
  2. 2. Protection against claims for injury or property damage to others
  3. 5. Marine insurance covering a specific period
  4. 6. Insurer compensates only the actual financial loss
  5. 9. Under-insurance leads to proportionate payment of the claim
  6. 10. Insurance of the vessel and its equipment
  7. 12. Marine insurance covering a particular journey
  8. 13. Property value is agreed in advance
  9. 14. Government-mandated protection against social and economic risks
  10. 16. Insurance covering goods during transportation