Across
- 4. Generally written for one, five, or ten years (can me more). If the insured dies within the policy term, the beneficiary receives the face value of the property.
- 5. Indemnifies for loss of or damage to vessels, cargo, and other properties exposed to the perils of the sea. Oldest type of insurance, dating all the way back to ancient times.
- 6. Provides coverage for a variety of specific situations in which the intentional, negligent, or accidental acts of others or mere chance may result in loss.
- 9. Insurance that identifies for loss or damage to property for certain specified risks
- 10. Protects against claims of parties who suffer injury or other loss as a result of negligence or other torts committed by the insured.
Down
- 1. Pays the beneficiary a set amount upon the death of the insured.
- 2. Typically purchased by insureds to cover themselves or their immediate family members when in good health to cover future illnesses which they could not afford by themselves.
- 3. Purchased by the insured during his or her working years. Pays benefits if the insured becomes disabled under the terms of the policy.
- 7. Indemnifies for losses arising from or connected to the ownership and operation of motor vehicles.
- 8. Provides coverage for a business against financial loss by dishonesty.