Sierra QQ Desk Vocabulary

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Across
  1. 2. a wrongful act, resulting in injury or damage
  2. 5. how much coverage a person has is the amount of insurance he has
  3. 6. a reduction in the quantity or value of a property
  4. 7. a written form attached to an insurance policy that alters the policy's coverage
  5. 11. when an insurance company seeks to recover the money from the other party who is legally liable
  6. 12. an amount equal to the replacement value of damaged property minus depreciation
  7. 14. a system to make financial loss more affordable by transferring it from individuals to large groups
  8. 15. the amount of loss paid by the policyholder
  9. 16. a contract for insurance between the insurance company and the policyholder
  10. 17. the price of an insurance policy
Down
  1. 1. property insurance for items that are moved from location to location
  2. 3. a broad commercial policy covering all the liability exposures of a business
  3. 4. the deliberate setting of a fire
  4. 5. the fee paid to the insurance salesperson
  5. 8. a reinsurer assumes part of a risk originally taken by the insurer
  6. 9. the cost of a unit of insurance
  7. 10. the policyholder is the insured
  8. 13. deliberate destruction of property
  9. 16. a specific risk such as fire, windstorm, or theft