Life Insurance Exam Manual Chapter 1 Terms

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Across
  1. 2. the money paid to the insurance company for the insurance policy
  2. 4. policy termination due to nonpayment of premium
  3. 5. the company who issues an insurance policy
  4. 8. the amount paid upon the death of the insured in a life insurance policy
  5. 9. a contract between a policyowner and an insurance company which agrees to pay the insured or beneficiary for loss caused by specific events
  6. 10. a legal representative of an insurance company
  7. 11. intentional misrepresentation or deceit with the intent to induce a person to part with something of value
Down
  1. 1. coverage on human lives
  2. 2. the person entitled to exercise the rights and privileges in the policy
  3. 3. a person who receives the benefits of an insurance policy
  4. 6. Selection insuring of risks that are more prone to losses than the average risk
  5. 7. a person applying for insurance
  6. 9. person covered by the insurance policy