Insurance Principles

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Across
  1. 2. You only receive one conmpensation even if you insure with two companies.
  2. 4. ____________ interest, you must benefit financially from what you want to insure and suffer financially if it is lost
  3. 5. __________ faith, you must declare all material facts.
Down
  1. 1. Once the insured person has received full compensation the insurance company has the right to any scrap value and has the right to sue any business or person who caused the accident.
  2. 3. You cannot make a profit on insurance