Across
- 2. Supplementary benefits added in the primary life insurance policy purchased by the insured
- 4. An amount paid periodically to the insurer by the insured for covering his risk
- 6. The person or entity entitled to receive the claim amount and other benefits upon the death of the benefactor or on the maturity of the policy
- 7. Selling insurance product through banks
- 8. A person with expertise in the fields of economics, statistics and mathematics, who helps in risk assessment and estimation of premiums etc for an insurance business
- 9. Making compensation payments to one party by the other for the loss occurred
Down
- 1. A person who receives the benefit in case of death of the insured person
- 3. It is a process whereby one entity takes on all or part of the risk covered under a policy issued by an insurance company in consideration of a premium payment.
- 5. Process of putting the insurance policy back after a lapse
- 8. A party or entity who transfers the rights of the contract they hold to another party
