Esoteric Terms

2. / Policy issued under a contract between the employer and the insurer
5. / The first marine policy issued in Italy
9. / Another word for endorsement
10. canvassing / calling on strangers from door to door canvassing in a business market
12. / tie up with bank branches in villages which helps to increase in penetration
14. / Another name for consumer device
15. / Sea robbers
17. / Theft of personal property
19. / The method of assessing the risk

1. / Origin of the word ‘Ombudsman’
3. / Property in a loss saved from further loss
4. / Insurer has to indemnify the loss incurred by the insured and hence it cannot be considered as
6. / Willful damage of machinery, materials, etc. of employers by workers
7. / Malicious Mischief
8. / indemnified by insurer
11. Premium / Gross premium is also called as
13. / Synonym for “insurer”
15. / Any contingency which cause loss like fire, theft, etc.
16. / Insurance which shifts risk of a trader to another trader
18. / Insurance contract through which protection is given against loss of crop