Across
- 3. Risk transfer to a third party
- 5. A business whose main purpose is to receive deposits and make loans.
- 8. The recipient of funds or other benefits from insurance policies
- 9. Investments that represents ownership in business (risky)
- 10. A collections of securities chosen and managed by a group of professional fund managers
- 11. Amount paid on an insurance policy per a given time period
Down
- 1. Occurs when benefits outweigh the cost
- 2. Your payment before an insurance company begins coverage
- 4. A periodic payment for the use of borrowed funds.
- 5. Investment that represents a loan to gov’t or corporation (low risk)
- 6. The amount of money borrowed, or the amount of money still owed on a loan
- 7. More money is taken out based on a larger pay check (federal tax)