Across
- 5. The information you provide to the insurer when you apply for a policy. It is a legal requirement to answer honestly and accurately, as this forms the basis of your contract(9-2-4)
- 8. A set period after you purchase a policy during which you can cancel it and receive a full refund of premiums paid(7-3-6)
- 11. The company that provides the insurance cover(7)
- 12. The legal contract between you and the insurer, outlining the terms, conditions, and what is covered(6)
- 13. The specific risks or events your policy protects you against. (7)
- 14. The amount you pay to the insurer, either monthly or annually, to keep the policy active(7)
- 15. An additional excess amount you can choose to pay to potentially lower your premium(9)
Down
- 1. Specific risks or situations that your policy will not cover. These will be detailed in the policy documents(10)
- 2. The maximum amount of money the insurer will pay out for a claim or over the policy term(5-2-9)
- 3. Refers to another person, vehicle, or property that is not you or your insurer. For example, third-party motor insurance covers damage you cause to others, but not your own vehicle(5-5)
- 4. The amount of money you have to pay out-of-pocket when you make a claim(6)
- 6. A mandatory excess amount set by the insurer(10)
- 7. The person whose property or life is insured(12)
- 9. A type of policy that provides broader coverage than third-party only, often including damage to your own property as well as others(13)
- 10. The process of formally requesting a payout from your insurer after an incident(5)