Across
- 3. Out of pocket expenses the insured pays before an insurance policy begins reimbursement.
- 5. A contractual agreement whereby the insurer collects a premium from the insured in exchange for reimbursement or a pre-determined amount for future loss.
- 6. The periodic payment the insured person or organization pays to the insurer.
Down
- 1. The types and amount of money an insurance policy pays reimbursements for.
- 2. A person or organization that receives benefit from an act or occurrence, and/or receives assets from a will, trust or insurance policy.
- 4. An acceptance of risk and/or an obligation or responsibility to pay a certain amount.