Across
- 1. 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.
- 3. The amount of money that an individual or business must pay for an insurance policy.
- 7. A document detailing the terms and conditions of a contract of insurance.
- 8. Formal request to an insurance company asking for a payment based on the terms of the insurance policy.
- 9. Any person who gains an advantage and/or profits from something. In terms of insurance, this person is usually specifically named as the person to receive distributions from the life insurance policy.
- 10. Insurance that will typically pay to fix or replace a car that has been damaged in an accident.
Down
- 2. Insurance that will pay for damage to your vehicle from incidents other than collisions.
- 4. The amount you pay for covered health care services before your insurance plan starts to pay.
- 5. An extension of car insurance that covers medical expenses and, in many cases, lost wages. It is often called “no-fault” coverage because its inherent comprehensiveness pays out claims agnostic of who is at fault in the accident.
- 6. The basic insurance coverage that covers injuries or damage to other people or property if you're at fault for an accident.