TIE 2020 Crossword

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Across
  1. 5. /An autonomous, statutory body tasked with regulating and promoting the insurance and re-insurance industries in India
  2. 7. /To restore a party who has sustained a loss to the same financial position that party held before the loss occurred
  3. 8. reserve /Money which is set aside by the insurance company to pay the losses
  4. 9. /Insurance covers repair to your own vehicle, even if the accident is your fault and also covers vandalism, and hit-and-runs.
  5. 11. Insurance /Insurance which is mandatory when you stay in Germany for more than 3 months
  6. 12. of loss /Written notice of losses incurred by insurance companies as stipulated in the conditions of the insurance plan
  7. 13. good faith /It is the duty to disclose all material facts relating to the risk to be covered
  8. 16. /Property taken over by an insurer to lower its loss
  9. 17. transfer /Transferring the financial consequences of a loss to another party such as insurance company
  10. 18. Insurance /Policy that covers employees in a company against the dangers of an aircraft accidents
  11. 20. amount that you yourself responsible for paying towards an insured loss
Down
  1. 1. health insurance /A coverage plan offered by an employer or other organization that covers the individuals in that group and their dependents under a single policy
  2. 2. Pooling /The method by which each member of an insurance pool shares in every risk written by other pool member
  3. 3. /The termination of a policy before the expiry date
  4. 4. of business /Classification of various businesses by insurers
  5. 6. /Multiple motor vehicles owned by the same person or company, covered by a single insurance policy
  6. 10. /The insurer's right assumed from the insured to recover payment from a third party that is legally responsible for the loss
  7. 14. party administrator /An individual or firm hired by an employer to deal with claim processing
  8. 15. /By paying the past due premium, if any lapsed policy is once again put into force by providing sufficient evidence as per the insurance company rule
  9. 19. protection /Insurance which is useful when you want to sue someone