Across
- 2. Specific amount of money that you pay when insurance only covers a portion of costs
- 4. Amount you must pay before you begin receiving any benefits from your insurance company
- 6. A fixed amount you pay for a covered health care service after you've paid your deductible
- 9. The state or quality of being obligated according to law or equity
- 10. Paperwork filed with an insurance company in order to get them to cover a loss for someone they insure
- 11. Applies to the amount of protection you have through an insurance company in the event of a loss
Down
- 1. The maximum benefit an insurance company will pay a policyholder if/when an insured event occurs.
- 3. Financial cost of obtaining an insurance cover, paid as a lump sum or in installments during the duration of the policy
- 5. The recipient of assets passed on from the death of a friend or relative
- 7. Describes the type of coverage in an insurance agreement Premium: Amount you pay monthly, quarterly, semiannually, or annually to purchase different types of insurance
- 8. A legally enforceable declaration of how a person wishes his or her property to be distributed after death