Insurance

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Across
  1. 3. Where insurers agree to pay the cost of property lost or destroyed without deduction for depreciation.
  2. 6. A payment made by an insurer to a policyholder where there is no legal liability so to pay.
  3. 7. A contingency, of fortuitous happening, which may be covered or excluded by a policy of insurance.
  4. 8. A physical or moral feature that introduces or increases the risk
  5. 9. Deliberate suppression by a proposer for insurance of a material fact relating to the risk
Down
  1. 1. An agreement between two insurance companies designed to avoid legal action
  2. 2. One who investigates and assesses claims on behalf of insurers
  3. 4. Insurance regulator of UK
  4. 5. The non-renewal of a policy for any reason
  5. 10. A document setting out agreed alterations to an insurance contract