Insurance

2. A licensed person or organization authorized to sell insurance by or on behalf of an insurance company
5. Fee paid to an agent or insurance salesperson as a percentage of the policy premium
6. The amount by which assets exceed liabilities
7. The number of times a loss occurs. One of the criteria used in calculating premium rates
9. A survey to determine a property’s insurable value, or the amount of a loss
10. Amount of loss that the insured pays before the insurance kicks in
12. The written contract effecting insurance, or the certificate thereof, by whatever name called, and including all clause, riders, Endorsements, and papers attached thereto and made a part thereof
14. The automatic re-establishment of in-force status effected by the payment of another premium
15. Liability or loss resulting from an accident
17. The chance of loss, or the person or entity that is insured

1. The size of a loss. One of the criteria used in calculating premium rates
2. A representative of the insurer who seeks to determine the extent of the insurer's liability for loss when a claim is submitted
3. A reduction in the quality or value of a property, or a legal liability
4. The individual trained in evaluating risks and determining rates and coverages for them. Also, an insurer
5. Property that is offered to secure a loan or other credit, which becomes subject to seizure on default. Also called security
8. The malicious and often random destruction or spoilage of another person’s property
11. Temporary authorization of coverage issued prior to the actual insurance policy
13. A demand made by the insured, or the insured's beneficiary, for payment of the benefits as provided by the policy
16. A legal term denoting a wrongful act resulting in injury or damage, on which a civil court action or legal proceeding may be based