Insurance 101

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Across
  1. 6. a written contract ratifying the legality of an insurance agreement
  2. 8. a bond or policy covering an employer's loss resulting from an employee's dishonest act
  3. 13. Money charged for the insurance coverage reflecting expectation of loss
  4. 14. a request made by the insured for insurer remittance of payment due to loss incurred
  5. 15. a form of debt security whereby the debt holder has a creditor stake in the company
  6. 16. a refund of part or all of a premium payment
  7. 17. individual who may become eligible to receive payment due to insurance policy
  8. 18. a person who investigates claims and recommends settlement options based on estimates of damage and insurance policies held
  9. 19. Uncertainty concerning the possibility of loss by a peril for which insurance is pursued
  10. 20. period of time for which policy is in effect
  11. 21. individual who sells, services, or negotiates insurance policies either on behalf of a company or independentl
Down
  1. 1. a certain or probable future sacrifice of economic benefits arising from present obligations of a particular entity
  2. 2. insurance term referring to retained earnings
  3. 3. termination of a policy due to failure to pay the required renewal premium
  4. 4. professional who analyzes probabilities of risk including calculation of premiums
  5. 5. A person who has enrolled as a subscriber or an eligible dependent of a subscriber
  6. 7. a percentage of premium paid to agents by insurance companies for the sale of policies
  7. 9. circumstance which tends to increase the probability or severity of a loss
  8. 10. a medium of exchange
  9. 11. an unexpected event or circumstance without deliberate intent
  10. 12. party(ies) covered by an insurance policy
  11. 18. probable future economic benefits obtained or controlled by a particular entity