Across
- 4. The amount that participant has to bear in the event of a claim is called _____ (6 letters)
- 6. Insurance is a form of risk _____ (8 letters)
- 7. One of the basic tasks of an underwriter is to _____ the risk (6 letters)
- 9. __________ Contract is where the terms and conditions are spelled out in the contract either verbally or in writing (9 letters)
- 11. A condition that increases the chance of loss is called ___ (6 letters)
Down
- 1. __________ Contract is where the terms and conditions are inferred by the actions of the parties involved (7 letters)
- 2. _____ policy is an example of an expressed contract (9 letters)
- 3. The cause of loss is termed as ____ (5 letters)
- 5. Takaful is a form of risk _____ (7 letters)
- 8. The right of the Insurer to exercise the insured's right to claim from the third party in respect of the loss is called _____ (11 letters)
- 10. Takaful comes from the Arabic verb ____ (6 letters)