Across
- 1. (n)An amount of money lost by a business or oragnization.
- 3. (n)A person making a claim
- 4. (n)The right to pursue a third party that causes a loss to the insured.
- 9. (n)An individual in charge of minimising the adverse impact of losses
- 10. (n)The state of being legally responsible for something
- 11. (n)A sum of money claimed in compensation for a loss or injuery.
- 13. (v)To end an insurance policy early.
Down
- 1. (n)The act of settling a dispute in a court of law.
- 2. (n) Amendment to the policy used to add or delete coverage.
- 5. (n)A type of insurance purchased by insurance companies to reduce risk.
- 6. (n) An accident that happens when two vehicles hit each other with force.
- 7. (n)A person who owns an insurance policy.
- 8. (n)An amount to be paid for a contract of insurance.
- 12. (n)A licensed person who sells insurance on behalf of a company.