Insurance Terms

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Across
  1. 2. The company refuses to accept the request for insurance coverage.
  2. 4. The amount of money an insurance company charges for insurance coverage.
  3. 6. The process of selecting applicants for insurance and classifying them according to their degrees of insurability so that the appropriate premium rates may be charged. The process includes rejection of unacceptable risks.
  4. 7. An estimate of the cost of insurance, based on information supplied to the insurance company by the applicant.
Down
  1. 1. A temporary or preliminary agreement which provides coverage until a policy can be written or delivered.
  2. 3. Notice to an insurer that under the terms of a policy, a loss maybe covered.
  3. 5. Maximum amount a policy will pay either overall or under a particular coverage.