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