Chapter 23

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Across
  1. 4. Clause in a fire policy that requires the insured to maintain coverage equal to a certain percentage of the total current value of the insured property
  2. 5. Insurance providing liability and other coverages for the operation of a motor vehicle
  3. 7. Recipient of the amount to be paid under an insurance policy
  4. 11. Potential to sustain loss if the insured property is damaged or destroyed or if the insured person is injured or dies
  5. 13. Modification made to the standard fire policy to satisfy an insured’s needs
  6. 15. Automobile insurance that protects against upset and direct and accidental damage due to colliding with another object
  7. 17. Agreement under which one party will pay to offset a loss to another
  8. 18. Insurance that pays to a named beneficiary or the deceased’s estate upon the death of the insured
  9. 19. Consideration for insurance contract
  10. 20. Insurance that requires that the parties to an automobile accident be covered by their own insurance company, regardless of who is at fault
  11. 21. Exceptions to insurance coverage
  12. 22. Insurance that covers for losses resulting from perils such as fire, theft, or windstorm
Down
  1. 1. Party who will indemnify if loss occurs
  2. 2. Insurance that covers personal injury or property damage claims for which the insured is legally responsible
  3. 3. Stated maximum amount that could be paid under a policy
  4. 4. Insurance the covers against all damage to the insured’s car except that caused by collision or upset
  5. 6. Party protected or covered if the loss occurred
  6. 8. Insurance that covers against loss or damage to personal property where the property is located or while it is being transported by any means other than by seas
  7. 9. Property insurance that covers for loss or damage due to fire (and usually smoke as well)
  8. 10. Written contract of insurance
  9. 12. Government-sponsored insurance protecting against financial problems related to retirement, survivorship, disability, and declining health
  10. 14. Insurance that covers for losses due to accident, chance, or negligence
  11. 16. To make good a loss
  12. 23. Potential loss that is insured against