Across
- 2. A coverage plan offered by an employer or other organization that covers the individuals in that group and their dependents under a single policy
- 4. Property taken over by an insurer to lower its loss
- 5. insurance /Protects the policyholder against a suit or claim for another's bodily injury and property damage
- 6. Policy that covers employees in a company against the dangers of an aircraft accidents
- 10. of business /Classification of businesses described by insurers
- 11. value /Fair value or the price that could be derived from current sale of an asset
- 17. 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
- 18. The method by which each member of an insurance pool shares in every risk written by other pool member
- 19. reinsurance /A method of reinsurance, the ceding company makes agreement with the reinsurance company to cede certain classes of business risk exposure to the re-insurer
- 21. Classification of various businesses by insurers
- 22. Multiple motor vehicles owned by the same person or company, covered by a single insurance policy
- 24. Insurance which is mandatory when you stay in Germany for more than 3 months
- 25. Insurance which is useful when you want to sue someone
Down
- 1. The termination of a policy before the expiry date
- 3. Insurance which protects the policyholder against a suit or claim for another's bodily injury and property damage
- 7. Insurance covers repair to your own vehicle, even if the accident is your fault and also covers vandalism, and hit-and-runs
- 8. /The specific period of time for which a policy is issued under insurance law
- 9. /Insurance which is also known as extra liability insurance, is designed to provide extra protection to an individual from any legal or other liabilities, in case the limit of the primary policy gets exhausted
- 10. Money which is set aside by the insurance company to pay the losses
- 12. To restore a party who has sustained a loss to the same financial position that party held before the loss occurred
- 13. An autonomous, statutory body tasked with regulating and promoting the insurance and re-insurance industries in India
- 14. An individual or firm hired by an employer to deal with claim processing
- 15. Transferring the financial consequences of a loss to another party such as insurance company
- 16. It is the duty to disclose all material facts relating to the risk to be covered
- 20. The insurer's right assumed from the insured to recover payment from a third party that is legally responsible for the loss
- 23. An amount that you yourself responsible for paying towards an insured loss