Across
- 2. The portion of the insurance contract which contains such information as name and address of the insured, description of the property, coverage and premium amount.
- 6. An additional charge that is added to each payment to cover the company’s processing expenses for allowing the policyholder to pay monthly instead of in full.
- 7. The date indicated on the insurance contract as the ending of the insuring agreement termination date.
- 8. Representative of the insured rather than the insurance company with which they transact business.
Down
- 1. Policies that are canceled as of the policy inception date and have not earned any premium.
- 3. Individual that is not protected by the policy and specifically so stated on the proper exclusion form.
- 4. A loss that occurs at a specific time and place.
- 5. The process of drafting funds from an agent's bank account. This can be completed by an agent or manually by the company.