Across
- 4. Insurance: Insurance that covers a person’s own damages regardless of who caused the accident.
- 8. Limit: The maximum amount an insurer will pay for all claims during a policy period.
- 10. Life Insurance: A type of life insurance that provides coverage for the policyholder's entire lifetime and includes a savings component.
- 11. Period: The time after the premium due date during which the policyholder can still make a payment without losing coverage.
- 13. Occurrence Limit: The maximum amount an insurer will pay for a single claim or incident.
- 14. Payments Coverage: Insurance coverage that pays for medical expenses incurred due to a vehicle accident, regardless of fault.
- 17. The person or entity designated to receive the benefits from an insurance policy.
- 21. Period: The waiting period before certain types of insurance benefits become payable.
- 26. Insurance: Additional liability insurance that provides extra protection beyond the limits of other policies.
- 27. Flying mammal
- 29. Coverage: Insurance that covers damage to your car resulting from a collision, regardless of who was at fault.
- 30. Coverage: Coverage that applies to specific items or property listed in the insurance policy.
- 33. The amount paid for an insurance policy, typically on a monthly or annual basis.
- 34. Coverage: Insurance that covers damage to your car not involving a collision, such as theft or weather damage.
- 35. Fraud: The act of deceiving an insurance company to obtain benefits or payments unlawfully.
- 36. The percentage of costs you share with your insurance company after you’ve paid your deductible.
- 37. A formal request to an insurance company for payment based on the terms of the insurance policy.
- 40. An insurance professional who investigates and evaluates claims to determine the amount the insurance company will pay.
- 41. Motorist Coverage: Coverage that provides protection when you're in an accident with a driver who has insufficient insurance.
- 42. The process of continuing an insurance policy beyond its original term, typically by paying the renewal premium.
- 44. Insurance: Coverage that protects against claims resulting from injuries and damage to other people or property.
- 45. An add-on to an insurance policy that provides additional coverage or modifies the original terms.
- 46. Life Insurance: A type of flexible life insurance that combines life coverage with an investment savings element.
- 47. The individual or entity who owns the insurance policy.
- 49. Approval from the insurance company required before certain services or treatments are provided.
- 50. Motorist Coverage: Coverage that protects you if you’re in an accident with a driver who has no insurance.
Down
- 1. Large marsupial
- 2. The process of evaluating the risk of insuring a person or entity and determining the terms of coverage.
- 3. Bonus: A discount or benefit awarded to policyholders who have not made any claims during a policy period.
- 5. Man's best friend
- 6. The reduction in value of an insured item over time, often factored into claim payments.
- 7. (Copay): A fixed amount you pay for a covered healthcare service, usually when you receive the service.
- 9. Has a trunk
- 12. Management: The process of identifying, assessing, and controlling risks to minimize the impact on an organization or individual.
- 13. Damage Coverage: Insurance that protects against damage to your vehicle, including collision and comprehensive coverages.
- 15. Maximum: The maximum amount an insurance policy will pay for covered services over the lifetime of the policyholder.
- 16. Life Insurance: Life insurance that provides coverage for a specified term or period.
- 18. Likes to chase mice
- 19. Hazard: The risk that an insured person may act differently because they have insurance coverage.
- 20. The amount you must pay out-of-pocket before your insurance coverage kicks in.
- 22. Specific conditions or situations that are not covered by the insurance policy.
- 23. Insurance purchased by an insurance company to protect itself from large losses.
- 24. Retention: The amount a policyholder must pay out-of-pocket before the insurance coverage begins to pay for a claim.
- 25. An amendment or addition to an insurance policy that alters its coverage.
- 28. Report: A detailed account prepared by an insurance adjuster outlining the findings and recommendations regarding a claim.
- 31. The protection provided by an insurance policy, including the types of losses or damages covered.
- 32. Payment: The act of paying the amount due for an insurance policy.
- 38. The process by which an insurance company seeks reimbursement from a third party responsible for a loss after paying a claim.
- 39. Injury: Coverage that pays for injuries caused to others in an accident for which you are at fault.
- 43. Damage: Coverage that pays for damage you cause to someone else’s property.
- 48. Ratio: The ratio of claims paid to the premiums collected by an insurance company, used to assess profitability.