Across
- 3. Insurance: A form of property insurance designed to protect an individual's home against damages to the house itself, or to possessions in the home.
- 4. Limit: The maximum amount a policy will pay for covered losses.
- 5. Warranty: A prolonged warranty offered to consumers in addition to the standard warranty on new items.
- 7. Insurance: A type of life insurance that guarantees payment of a specific death benefit during a specified time period.
- 8. 12 Protecting Your Financial Future Vocabulary List
- 10. Insurance: Insurance that covers a policyholder's belongings and personal liability within a rented property.
Down
- 1. Risk: The practice of shifting the financial consequences of a potential loss to another party (the insurance company) in exchange for a fee (the premium).
- 2. (Copayment): A fixed amount for a covered service, paid by the patient to the provider of service before receiving the service.
- 4. The amount of money an individual or business must pay for an insurance policy.
- 6. A specified amount of money that the insured must pay before an insurance company will pay a claim.
- 9. Life Insurance: A type of permanent life insurance that accumulates cash value and provides coverage for the insured's entire life.