Across
- 5. provides support for illness or disability or injury
- 7. spread of financial risk among large no. of contributors
- 8. one of the objective of insurance
- 9. It is an autonomous body to regulate insurance
- 11. to protect against catasrophic events
- 12. amount paid to the nominee
- 13. it is relevant to materiality concept
- 14. security,protection & compensation
Down
- 1. according to this,both parties must be signed by both parties
- 2. for life insurance this principle is not applicable
- 3. substituting one creditor for another
- 4. insurance provides___
- 6. A contract between two parties
- 10. insurance works on basic principle of