Across
- 2. The insurance company can seek to recover the amount paid to an insured person in the event of a loss.
- 5. A person must honestly provide important information about themselves and the item being insured when applying for insurance.
- 6. The insured person must have a personal interest in the item being insured. That is, they must gain by its existence and suffer from its loss.
Down
- 1. If a person has insured an item with more than one insurance company, they cannot claim the full amount of the loss of that item from all of the companies.
- 3. protection against something that might happen.
- 4. The insured person must not make profit from insurance.