Across
- 5. insured person pays premiums for entire life
- 8. amount of money a policy will pay out
- 9. the amount borrowed or lended
- 10. the money paid at for times for having insurance
- 12. money earned for making sales
- 14. what remains after subtracting deductions;"take-home pay"
- 15. person designated to receive policy's face value after death
- 17. can be found using formula I=PRT
- 18. a report to the insurance company in order to receive money for damages
- 19. insurance that pays cash when your spouse or a loved one dies
Down
- 1. the amount of money that should be in paycheck;before deductions
- 2. the document that lists the terms and conditions of the "bet"
- 3. insurance that provides protection against excessive water damage
- 4. pay premiums for a certain time but insured person will receive face value
- 6. can be found using A=P(1+R/N)^(NT)
- 7. pay premiums for a certain time then beneficiary will receive face value upon death
- 11. money the insured person must pay before the insurance policy starts to pay
- 13. extra pay for working beyond the normal work week
- 16. what services the insurance policy will pay for