Insurance Terms

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Across
  1. 2. a specified amount of money that the insured must pay before an insurance company will pay a claim
  2. 3. A formal request to an insurance company asking for a payment based on the terms of the insurance policy
  3. 6. The recipient of funds, property, or other benefits, as from an insurance policy or will
  4. 7. an amount to be paid for an insurance policy
  5. 8. pays for damage to an insured vehicle when it hits or is hit by another car or object, or if the car overturns
  6. 9. Insurance that provides compensation for a harm or wrong to a third party for which an insured is legally obligated to pay
  7. 10. protection against theft and accident damage, regardless of fault
Down
  1. 1. a “no-fault” coverage, meaning that regardless of which driver was at fault, some of the medical expenses for the policyholder and others in the policyholder’s car may be covered by insurance
  2. 4. a practice or arrangement by which a company or government agency provides a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a premium
  3. 5. Details the terms and conditions of a contract of insurance