Financial Planning II Unit 1.04

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Across
  1. 3. insurance in which the underwriter's liability does not arise until the loss exceeds a stated amount and then only on the excess above that amount
  2. 5. are types of coverage that help protect you and the property you own.
  3. 7. an insurance policy that covers standard risks or one that provides mandated or government recommended coverage
  4. 9. work in the insurance industry and handle insurance claims
Down
  1. 1. a provision within an insurance policy that eliminates coverage for certain acts, property, types of damage or locations
  2. 2. is a company that sells insurance directly to customers
  3. 4. transfers risk to another company to reduce the likelihood of large payouts for a claim.
  4. 6. an insurance agent who assesses the amount of compensation that should be paid after a person has made a claim on their insurance policy.
  5. 8. an insurance company that is wholly owned and controlled by its insureds