Across
- 2. The risks covered and amount of money paid for losses under an insurance policy
- 6. A contract between the insurance company and the insured that states the terms of the insurance coverage
- 7. The person who receives the money from an insurance policy if someone dies
- 9. A formal request to an insurance company from the policyholder asking for a payment from an insurance policy
- 10. Life insurance that provides protection for a specified period of time
- 12. Insurance that covers both the building and the possessions of an individual
- 15. An employer would purchase this insurance to protect themselves from dishonest employees that would steal from them
- 16. The money a policyholder must pay out-of-pocket before an insurance company will cover the remaining costs attributed to the loss
- 19. When insuring an event increases the likelihood it will happen
- 20. Investigates the claim and then decides if the insurance company must pay the claim
Down
- 1. The amount of insurance money that the insurance company pays on a claim
- 3. The approximate cost to repair or replace damaged or stolen property
- 4. The fixed percentage the insured individual is required to pay after the deductible has been paid
- 5. insurance that provides protection for your entire life
- 8. Insurance that covers damage to your car for damaged caused by anything except collision
- 11. Money paid to purchase an insurance policy
- 13. Insurance Covers someone’s possessions, but not the building
- 14. Person who owns the insurance policy
- 17. Covers other people or their property when you unintentionally hurt someone or damage their property
- 18. Insurance that covers damage you cause to your car