Across
- 2. Supplementary benefits added in insurance policy purchased by the insured
- 4. a person who holds something in trust for someone else
- 6. A person who receives the benefit in case of death of the insured person
- 8. A process whereby one entity takes on all or part of the risk covered under a policy issued by an insurance company in consideration of a premium payment
- 10. Selling insurance product through banks
- 12. A person with expertise in the fields of economics, statistics and mathematics, who helps in risk assessment and estimation of premiums etc for an insurance business
- 13. Alleged misconduct or negligence in a professional act resulting in loss or injury
- 14. An amendment or rider to a policy adjusting the coverages and taking precedence over the general contract
Down
- 1. An amount paid periodically to the insurer by the insured for covering his risk
- 3. Getting into a contract on false grounds by making statements that are not in accordance with the facts
- 5. a contract providing income for a specified period of time, or duration of life for a person or persons
- 7. Making compensation payments to one party by the other for the loss occurred
- 9. The person or entity entitled to receive the claim amount and other benefits upon the death of the benefactor or on the maturity of the policy
- 11. Process of putting the insurance policy back after a lapse