Crossword Insurance

1. : Usually for a motor insurance claim, this is the person who is involved in a claim but is neither the insurer nor the policyholder.
3. : A risk or item specifically not covered by a policy.
4. : A term used to describe physical loss or destruction to property or contents.
8. : An arrangement where an insurance policy is shared by more than one insurer.
10. : The process of closing down a company by paying its debts and distributing any money left over.
12. : An insurance company that is owned by its customers.
14. : An event or outcome that you can insure yourself against such as fire, theft, flooding.
15. : What your insurance will and won’t protect if you need to make a claim.
16. : An added amount or payment on top of what you would usually expect to receive as a result of high levels of performance.
18. : That creates insurance products to take on risks in return for the payment of premiums. May be mutual or proprietary

2. : Loss of money.
5. : This is the amount you pay an insurer each year for a policy you have taken out.
6. : Is when your insurance cover, or sum insured, is less than the value at risk.
7. : Money paid by an insurer when a claim is accepted.
9. : This is when someone promises to pay for loss or damage they cause someone else.
11. : The amount to be paid by a customer for an agreed amount of insurance cover.
13. : Money received from selling goods or services.
17. : These are items that you own such as jewellery or paintings.
19. : What the customer asks the insurance company to pay to sort out problems caused by an event, such as a flood or a car accident.
20. : The insurance cover as agreed between the insurance company and customer.