Property and casualty terms part 2

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Across
  1. 3. a document issued by an insurer or agent that provides evidence of insurance coverage for a policy in force on a particular date
  2. 4. Liability that applies without negligence, typically in product-related claims where a defective product causes harm.
  3. 5. a statement believed to be true to the best of the applicant’s knowledge
  4. 9. Each item, location, or type of property is listed with its own limit
  5. 10. a temporary written or oral agreement that provides immediate coverage until the formal policy is issued.
  6. 14. The unlawful taking of property from inside a premises involving forcible entry or exit.
  7. 16. The termination of a policy at its normal expiration date — either party chooses not to continue coverage
  8. 17. unexplained loss of property where no evidence shows how or when it disappeared
  9. 19. the intentional withholding of material facts that are crucial to the insurer’s underwriting decision.
  10. 21. Covers multiple items, properties, or locations under one overall limit
  11. 22. The unlawful taking of property — without permission, and without necessarily involving force or threat.
Down
  1. 1. Damages awarded in addition to compensatory damages to punish the wrongdoer for willful, malicious, or grossly negligent behavior.
  2. 2. Damages intended to compensate the injured party for actual losses — economic or non-economic.
  3. 3. The termination of an insurance policy before its expiration date by either the insurer or the insured
  4. 4. Specific, measurable financial losses that can be documented with receipts, bills, or pay records.
  5. 6. a written modification or addition to an insurance policy that changes the original terms or coverage.
  6. 7. the legal responsibility for injury or damage to another person or their property.
  7. 8. The taking of property from a person by threat or force — either actual violence or the threat of it.
  8. 11. Liability imposed by law on those engaged in inherently dangerous activities, regardless of fault or negligence.
  9. 12. The unbroken chain of events between the negligent act and the resulting damage.
  10. 13. liability that occurs when one person is held legally responsible for another’s actions
  11. 15. Losses that are not measurable by bills or receipts, representing pain, suffering, or diminished quality of life.
  12. 18. a statement or promise that is guaranteed to be absolutely true.
  13. 20. the failure to use the degree of care that a reasonable and prudent person would use under the same circumstances