Across
- 4. Provides coverage for a private residence, including protection against risks, liabilities, and property damage.
- 5. A formal request made by an insured or individual to an insurance company for coverage for a loss or event.
- 10. A professional within an insurance company who evaluates, analyzes, and assesses the risk involved in insuring people or assets. They determine the terms and premium of the insurance policy.
- 12. A company that provides insurance coverage by the underwriting process and protects the insured against specific losses.
- 14. An amendment or addition to an existing insurance policy that changes the terms or coverage of the policy.
Down
- 1. The responsibility of the insured to provide compensation for damages caused to another party, covered according to the policy's terms.
- 2. The amount of protection given by an insurance policy, detailing what risks or losses are covered.
- 3. An amount that must be paid out of pocket by the policyholder before the insurer pays a claim.
- 6. Car insurance policies that provide coverage for loss or damage to an insured's vehicle or liabilities arising from driving.
- 7. A professional who investigates insurance claims to determine the extent of the insuring company's liability.
- 8. Covers damages to physical property and assets, typically from perils like fire, theft, or natural disasters.
- 9. The amount of money paid by an insured or entity to an insurance company in exchange for coverage.
- 11. The potential for losing something of value, calculating it helps in determining the premium and coverage terms.
- 13. A contract between the insurer and the insured