LIFE ASSURANCE CHAPTER 3

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Across
  1. 3. generally lasts for 1,5,10,15 or 20 years,or to some specified age such as age 60
  2. 4. loan issued by an insurance company that uses the cash value of a person's life insurance policy as collateral
  3. 6. types of life assurance that cover throughout the life assured's lifetime
  4. 7. insured event for term and wholelife assurance
Down
  1. 1. types of term assurance that provide s death benefit that stays the same over the period
  2. 2. a mixture of investment and life cover over a specified period
  3. 5. amount of money you will receive as a refund if you voluntarily cancel the coverage and surrender the policy to the insurer