Across
- 4. recipient of the funds from life insurance policy
- 6. a business whose main purpose is to recieve deposits and make loans
- 9. interest paid on both the original loan and interest earned
- 11. more money is taken based on a larger check
- 12. smaller amount of money take out of pay
- 16. a collection of securities chosen and managed by a group of professional fund managers
- 17. a periodic payment for the use of borrowed funds
- 18. used when a person is sick
- 19. all social classes pay the same
- 20. amount paid on a insurance policy at a given time
Down
- 1. your payment before insurance begins coverage
- 2. used when a person is sick or unable to work
- 3. interest on the original loan
- 5. occurs when benefits outweigh the cost
- 7. protects your belongings from theft and destruction
- 8. amount of money borrowed or still owed on a loan
- 10. investment that represents a loan to gov't or corporation
- 13. investments that represent ownership of buisness
- 14. risk transfer to third party
- 15. benefits survivors or deceased