insurance

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Across
  1. 2. the fee paid for insurance
  2. 3. a legal contact outlining what is insured
  3. 5. the person who calculates the insurance premium
  4. 7. the amount of money paid out by the insurance company in the event of a succesful chain
  5. 9. cannot make a profit from an insurance claim
  6. 10. the insured person must own the item to be insured
  7. 11. states that once the insurance company has given you full compensation for an item and the insurance company now owns that item
Down
  1. 1. completing the proposal and claims forms.must be completely truthful
  2. 4. this is an extra amount added on to the basic premium to cover increased risk
  3. 6. the person who inspects the damage and calculates the compensation to be paid
  4. 8. it is used when a household or business insures an item with two or more insurance firms