Across
- 4. Cancellation of a payment transaction
- 5. Something pledged as security for repayment of a loan, to be forfeited in the event of a default
- 6. The person/business/organization that receives a payment
- 7. Process of selecting risks for insurance and determining in what amounts and on what terms the insurance company accepts the risk
- 8. Any person or business entity that accepts payments in exchange for goods and services
Down
- 1. The scope of the protection provided under a contract of insurance; any of several risks covered by a policy
- 2. Temporary but legal insurance contract issued by a representative of the insurance company.
- 3. Possibility of loss
- 6. Money charged to a policyholder for an insurance policy