Across
- 4. The process by which insurers assess risk and determine the terms and premium for an insurance polic
- 7. The chance of loss or damage to the insured property or person
- 8. An addition or change made to an insurance policy
- 10. The protection provided by the insurance policy against certain risks or losses
- 11. Specific conditions or circumstances that are not covered by the insurance policy
Down
- 1. amount paid by the policyholder to the insurance company for coverage
- 2. Insurance that insurance companies purchase to transfer some of the risk to another company.
- 3. Legal responsibility for damages or injuries caused to another party
- 5. An intermediary who helps individuals and businesses find insurance policies from various insurers
- 6. The amount the policyholder must pay out of pocket before the insurance company covers the rest
- 9. A principle where the insurance company compensates the policyholder for a loss