Across
- 1. Your payment before an insurance company begins coverage
- 3. The amount of money borrowed, or the amount of money still owed on a loan
- 5. Investment that represents a loan to gov't or corporation (low risk)
- 6. Amount paid on an insurance policy per a given time period
- 8. occurs when benefits outweigh the cost
- 11. A business whose main purpose is to receive deposits and make loans
- 12. More money is taken out based on a larger pay check (federal tax)
- 13. Risk transfer to a third party
- 15. interest on the original loan
- 16. A collections of securities chosen and managed by a group of professional fund managers
- 17. Investments that represent ownership in business (risky)
- 18. interest paid on both the original loan and interest earned.
- 19. Used when a person is not capable of working
Down
- 2. The recipient of funds or other benefits from insurance policies
- 4. All social classes pay the same percentage
- 6. Insurance that protects your belongings from theft and destruction
- 7. Benefits survivors or the deceased
- 9. A periodic payment for the use of borrowed funds
- 10. Smaller amount of money take out of pay check (sales tax)
- 14. Used when a person is sick