Across
- 1. A document attached to a policy to add, remove, or modify coverage.
- 3. The individual or entity who owns the insurance policy.
- 5. The amount paid by the insured for coverage.
- 8. A policy that covers property that moves from location to location.
- 12. A request made to an insurance company for payment of a loss.
- 13. A specific cause of loss, like fire or theft.
- 14. The likelihood of an insured event occurring.
- 15. The remaining value of damaged
- 17. An addition to a policy that provides additional coverage.
- 19. The process by which an insurer seeks reimbursement from the responsible party after paying a claim.
- 21. A professional who calculates risks and premiums for an insurance company.
- 22. A representative of the insurance company who assesses damages and determines the payout of a claim.
- 23. A provision in a policy that eliminates coverage for certain risks.
Down
- 2. The amount the policyholder must pay out-of-pocket before insurance covers the rest.
- 4. The maximum amount an insurer will pay for a covered loss.
- 6. The section of an insurance policy that outlines key policy details such as coverage limits and insured parties.
- 7. The protection provided by the terms of an insurance policy.
- 9. An occurrence that results in a financial consequence covered by the policy.
- 10. Insurance purchased by an insurance company to cover its own risk.
- 11. A temporary insurance contract pending the issuance of the formal policy.
- 16. Legal responsibility for causing damage or injury to another party.
- 18. The process of evaluating and deciding whether to insure a risk.
- 20. The continuation of a policy after its initial period of coverage.
