Across
- 4. Individual or business covered in an insurance policy
- 7. A request for payment for a loss based on the terms of the policy
- 9. A contract that details the terms and conditions of insurance coverage
- 13. A category of business insurance in which a company provides its employees insurance coverage as part of a benefits package
- 14. A type of insurance that protects a business or individual from the risk of being held legally liable for the injuries of others
- 15. Provides funds to pay for health care in the event of illness and may also pay for the cost of preventive care
- 16. A policy that covers at‐home, assisted living, and nursing home care
Down
- 1. Income insurance that provides funds to replace income lost while an individual is ill or injured and unable to work
- 2. Insurance company issuing a policy
- 3. Covers losses due to an accident involving vehicles
- 5. Protects against the loss of income that would result if the insured person dies
- 6. Protects commercial assets, such as property and vehicles, from any number of risks including natural disasters and fire damage
- 8. With regard to insurance, means to return you to the condition you were before the loss
- 10. Pays for damage or loss to the insured’s property and often includes liability coverage for actions of the insured that cause harm to other people or their property
- 11. An amount paid each year for insurance coverage
- 12. A comprehensive evaluation of business processes to identify anything that could potentially cause damage to assets