Advanced Assignment 2

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Across
  1. 1. The actions of a central bank, currency board or other regulatory committee that determine the size and rate of growth of the money supply, which in turn affects interest rates
  2. 4. The specified amount of payment required periodically by an insurer to provide coverage under a given insurance plan for a defined period of time.
  3. 6. Someone who is eligible to receive distributions from a trust, will or life insurance policy
  4. 8. This coverage will reimburse the insured for any damage sustained to their personal automobile that is due to the fault of the insured driver.
  5. 9. This can cover expenses related to injuries you sustained in a covered accident. These expenses can include medical and hospital bills as well as expenses not covered by your health insurance.
Down
  1. 2. Insurance coverage that protects an individual or business from the risk that they may be sued and held legally liable for something such as malpractice, injury or negligence.
  2. 3. This type of coverage protects you against damages to your car that are the result of covered perils not related to a collision.
  3. 5. The amount you have to pay out-of-pocket for expenses before the insurance company will cover the remaining costs.
  4. 7. A contract (policy) in which an individual or entity receives financial protection or reimbursement against losses.
  5. 8. A formal request to an insurance company asking for a payment based on the terms of the insurance policy