Across
- 4. a type of life insurance where the insurance company agrees to pay the death benefit
- 5. something that has value
- 8. a person that can be removed by the policy owner at any time
- 10. A life insurance policy entitles an individual or entity to the rights, title, and benefits.
- 11. The policy offers death benefit protection for the insured's entire life and includes an investment feature called cash value.
Down
- 1. the individual making the premium payments for the policy
- 2. an agreement between the insurer and the applicant
- 3. a person who can't be removed from a life insurance policy without his or her consent
- 6. states that if the insured and the beneficiary die at the same time the death benefit is paid to the contingent beneficiary
- 7. the individual that owns a life insurance policy
- 9. the person who will recive the assets