Across
- 1. - This covers fire damage to your vehicle, break-ins, vandalism, or theft, as well as natural disasters such as an earthquake, hail, hurricane, or flood. (everything except an actual collision)
- 5. - The money paid to an insurance company to purchase a policy
- 8. - Someone who receives money if an insured person dies
- 9. - A formal request to an insurance company asking for a payment when the policyholder has an accident, illness or injury
- 10. - A financial product purchased by many people facing a similar risk to protect against the risk of larger losses.
- 11. - Someone who relies on someone else for income and care
- 12. - The risks covered and amount of money paid for losses under an insurance policy
Down
- 2. - A contract between the insurance company and the insured that states the exact terms of the policy including what risks are covered and how much will be paid for any losses
- 3. - failure to take ordinary or reasonable care to prevent accidents from happening
- 4. Insurance - Provides payment to others if a member of the insured household accidently causes harm to other people or property
- 6. - A person who owns the insurance policy
- 7. - The out‐of‐pocket money paid by the policyholder before an insurance company will cover the remaining costs attributed to the loss