insurance

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Across
  1. 7. if something is insured by 2 insurance companies, both companies will split the initial cost of compensation
  2. 8. adjuster calculates the compensation
  3. 9. works on your behalf to recieve your claim
  4. 10. calculates the premium
  5. 11. fee paid when taking out insurance
  6. 14. the more at risk you are for taking a claim, the higher the premium
  7. 16. claims bonus discount applied if you have not made a claim
  8. 17. good faith you must tell the truth when filling out the proposal form
Down
  1. 1. is the money recieved from your insurance policy
  2. 2. applying for your compensation from your insurance
  3. 3. policy the terms for insurance
  4. 4. person taking out insurance
  5. 5. form application for insurance
  6. 6. interest you must benefit from its existance and suffer financially from its loss
  7. 12. broker works on your behalf to find the best insurance policy
  8. 13. loss compensated from the insurance company means that the insurance company now owns whatever it is that was compensated for
  9. 15. you cannot profit from your insurance