Across
- 3. a contract, in the form of an insurance policy, which can provide an individual with financial protection or reimbursement against covered losses.
- 5. what the insurance company can help protect under your policy
- 6. an estimate of what it could cost you to purchase insurance and gives you the ability to compare prices
- 7. a written contract for insurance between an insurance company and ______ holder stating details of coverage
Down
- 1. a request made by the insured to receive payment from the insurance company due to a loss that is covered under the policy.
- 2. the individuals covered by the insurance policy. For renters insurance, the named insureds are you and your spouse. Unrelated adults residing in the same rental unit should each obtain their own insurance policy
- 4. the portion of the covered loss paid by the policyholder