Chapter 9 Insurance_B

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Across
  1. 4. _________ Benefit: benefit paid to the beneficiaries after the policyholder dies​​​​​​​
  2. 6. Uninsured/Underinsured Motorist _________: protection for you and passengers if you‘re hit by an uninsured or underinsured motorist, or if you are the victim of a hit-and-run
  3. 7. ____________ Insurance: protection for destroyed or stolen personal property for a renter
  4. 8. _________ Life Insurance (or Cash Value): life insurance that lasts for the life of the policyholder and uses a portion of the premium as an investment​​​​​​​
  5. 9. _________ Insurance: protection for damage to your car resulting from a collision with another car or object
  6. 12. _________ Insurance: protection for loss or damage to your vehicle caused by something other than a collision (such as vandalism)​​​​​​​
  7. 14. people who are designated by the policyholder to receive the death benefit of a life insurance policy
  8. 15. Personal _____ Protection (PIP): a component of auto insurance that pays for medical expenses, lost wages, and other financial losses of the driver and passengers of the policyholder’s vehicle
Down
  1. 1. _______-Insured: having enough money saved and invested so a spouse or loved one could live off of it when you die, eliminating the need for life insurance​​​​​​​
  2. 2. __________ Insurance: optional extended liability coverage that can be added to auto and homeowners policies
  3. 3. __________ Life Table: life expectancy chart used by insurance agents to figure out life insurance premiums for an individual based on a variety of factors
  4. 5. _________ Insurance: protection for losses to a private residence and the possessions within it, as well as liability coverage against accidents in the home or on the property
  5. 10. _________ Insurance: protection against claims resulting from personal injury or property damage as the result of an auto accident
  6. 11. a person who relies on someone for financial support​​​​​​​
  7. 13. ________ Life Insurance: life insurance for a specified amount of time; at the death of the policyholder, the insurance company pays the death benefit to the beneficiaries​​​​​​​