Across
- 2. likelihood that a particular event will happen
- 3. policyholder's request for payment for a loss that the insurance policy covers
- 4. the amount paid out-of-pocket by the policyholder before the insurance company pays benefits on a claim
- 5. the company that assumes the risk and agrees to pay losses covered by the policy
- 7. one paying the premium
- 10. a form of protection from risk
Down
- 1. a document detailing the terms and conditions of a contract of insurance
- 2. the amount the policyholder must pay for an insurance policy
- 3. the monetary limits and risks covered by an insurance policy
- 6. person or business covered by a policy
- 8. the obligation to pay a monetary award for injury or damage caused by one's negligent action
- 9. the possibility of incurring a loss