Chapter 19-1: Types of Insurance

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Across
  1. 3. Insurance carried by employers to make up for work-related injuries.
  2. 7. Purchased by the insured during his/her working years to pay benefits if the person would become disabled.
  3. 8. Insurance that covers property that is transported anywhere but the ocean.
  4. 9. Provides protection against claims of parties who suffer injury or other loss as a result of negligence.
  5. 10. Requires the insurer to pay the beneficiary the policy's face amount if the insured dies within the period of coverage.
  6. 11. Insurance to cover current or future illnesses which they could not afford to pay for themselves.
Down
  1. 1. The potential to sustain loss if the insured property is damaged or destroyed or if the insured person is injured or dies
  2. 2. Insurance that covers losses from or connected to the ownership and operation of motor vehicles.
  3. 4. Requires insured to pay premiums for as long as the insured lives or until a certain old age.
  4. 5. Insurance written for a certain number of years.
  5. 6. Insurance to cover loss or damage to vessels, cargo, and other property exposed to the sea.