Across
- 1. Insurance which protects the policyholder against a suit or claim for another's bodily injury and property damage
- 3. An autonomous, statutory body tasked with regulating and promoting the insurance and re-insurance industries in India
- 8. Insurance covers repair to your own vehicle, even if the accident is your fault and also covers vandalism, and hit-and-runs.
- 10. The termination of a policy before the expiry date
- 11. Insurance which is useful when you want to sue someone
- 13. An amount that you yourself responsible for paying towards an insured loss
- 16. To restore a party who has sustained a loss to the same financial position that party held before the loss occurred
- 17. It is the duty to disclose all material facts relating to the risk to be covered
- 18. Insurance which is mandatory when you stay in Germany for more than 3 months
Down
- 1. Money which is set aside by the insurance company to pay the losses
- 2. Classification of various businesses by insurers
- 4. An individual or firm hired by an employer to deal with claim processing
- 5. The method by which each member of an insurance pool shares in every risk written by other pool member
- 6. A coverage plan offered by an employer or other organization that covers the individuals in that group and their dependents under a single policy
- 7. By paying the past due premium, if any lapsed policy is once again put into force by providing sufficient evidence as per the insurance company rule
- 9. Multiple motor vehicles owned by the same person or company, covered by a single insurance policy
- 12. Policy that covers employees in a company against the dangers of an aircraft accidents
- 14. The insurer's right assumed from the insured to recover payment from a third party that is legally responsible for the loss
- 15. Transferring the financial consequences of a loss to another party such as insurance company
- 19. Property taken over by an insurer to lower its loss