Across
- 6. This takes place when the insured and insurer disagree on the value of any property loss
- 7. the termination of an insurance policy at the expiration date
- 10. Legal term for intentionally withholding information of material fact
- 11. Reporting Act that protects consumers from distribution of false or obsolete personal financial information (Two Words)
- 12. A form or statement from an insured that informs the insurer of a possible claim (Three Words)
- 14. A method of settling a casualty claim when the insured and insurer cannot agree how to settle a claim.
- 15. Section of the policy that details perils that are not insured against
Down
- 1. Section of an insurance policy containing insured name, address, amount of coverage, premiums, and location description
- 2. Section of the policy that establishes the obligation of the insurance company to provide coverage(Two Words)
- 3. The first element of a contract that includes offer and acceptance
- 4. Statement believed to be true to the best of ones knowledge
- 5. An absolute true statement upon which the validity of the insurance policy depends
- 8. The termination of an in-force policy by the insured or insurer
- 9. A provision in property policies that outlines how other insurance will share the loss proportionally based on the limits of the policies (Two Words)
- 13. Printed addendums to a contract that change the original terms