INSURANCE

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Across
  1. 2. The company or entity that provides insurance coverage.
  2. 4. The principle where multiple insurance policies contribute proportionally to a claim if they cover the same risk.
  3. 5. The financial interest that the policyholder must have in the item or person insured.
  4. 6. The principle ensuring that the insured can only be compensated for the actual loss, not for profit.
Down
  1. 1. The amount paid by the policyholder to keep the insurance policy active.
  2. 3. The principle where the insurer can recover costs from a third party responsible for the loss.