Financial Literacy Crossword

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Across
  1. 3. a practice or arrangement by which a company or government agency provides a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a premium.
  2. 4. Payments you make for an insurance policy.
  3. 6. part of the general insurance system of risk financing to protect the purchaser from the risks of liabilities imposed by lawsuits and similar claims
  4. 8. coverage An optional car insurance plan designed to pay for certain repairs that aren't related to collisions.
  5. 10. when you suffer a loss that's covered by your insurance, such as an automobile accident, you submit a request to your auto insurance company to pay or reimburse you for expenses, damages and other financial obligations.
Down
  1. 1. a “no-fault” coverage, meaning that regardless of which driver was at fault, some of the medical expenses for the policyholder and others in the policyholder's car may be covered by insurance.
  2. 2. The amount you have to pay out-of-pocket for expenses before the insurance company will cover the remaining costs.
  3. 5. coverage A type of auto insurance that will reimburse the insured for any damage sustained to their personal automobile that is due to the fault of the insured driver.
  4. 7. a person who derives advantage from something.
  5. 9. A contract in which an individual or entity receives financial protection or reimbursement against losses from an insurance company.