Insurance and its Principles

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Across
  1. 3. party to the insurance contract who indemnifies the loss
  2. 4. type of insurance in which principle of indemnity does not applies
  3. 8. insurance principle involving existence of pecuniary interest in the subject matter of insurance contract.
  4. 9. type of insurance against perils of sea
  5. 10. insurance principle that applies in case of double insurance of property
Down
  1. 1. periodic payment against which insurance company agrees to make good for a loss caused
  2. 2. insurance principle that involves making efforts to reduce the loss
  3. 5. insurance principle involving compensation to the insured for the actual loss only
  4. 6. insurance principle involving mtual trust and confidence
  5. 7. insurance principle that relates to rights of insurer over scrap of asset after compensation of its loss to the insured