Insurance Terms

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Across
  1. 2. The specified amount of payment required periodically by an insurer to provide coverage under a given insurance plan for a defined period of time
  2. 4. A type of auto insurance coverage- will reimburse the insured for any damage sustained to their personal automobile that is due to the fault of the insured driver
  3. 6. Someone who is eligible to receive distributions from a trust, will or life insurance policy
  4. 7. The amount you have to pay out-of-pocket for expenses before the insurance company will cover the remaining costs
  5. 8. Any type of insurance policy that protects an individual or business from the risk that they may be sued and held legally liable for something such as malpractice, injury or negligence
  6. 9. Injury Protection Pays for your personal medical expenses or for injuries sustained by your passengers - no matter who is at fault for the accident
Down
  1. 1. A formal request to an insurance company asking for a payment based on the terms of the insurance policy
  2. 3. A contract (policy) in which an individual or entity receives financial protection or reimbursement against losses from an insurance company
  3. 4. Pays for damage to or loss of your automobile from causes other than accidents; such as hail, vandalism, flood, fire, and theft
  4. 5. A contract/document detailing the terms and conditions of a contract of insurance