Umbrella insurance

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Across
  1. 2. policy a document detailing the terms and conditions of a contract of insurance.
  2. 4. insurance a type of insurance designed to add extra liability coverage over and above another insurance policy, such as auto or homeowners insurance.
  3. 7. assets items of value owned by an individual that can be converted into cash, used to generate income, or leveraged for financial planning.
  4. 8. (out-of-pocket) amounts
  5. 9. policy help pick up the financial burden once your primary insurance policies reach their payout limit.
Down
  1. 1. a person who owns their own home.
  2. 3. the amount of protection given by an insurance policy.
  3. 5. property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies.
  4. 6. financial responsibility, obligation, or debt owed by a person or business to another entity, representing future sacrifices of economic benefits.
  5. 7. Holder a person or group in whose name an insurance policy is held.