Understanding Insurance

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Across
  1. 1. – The damage or injury that results in a claim.
  2. 3. – Legal responsibility for something, often used in auto insurance.
  3. 7. – The chance of loss or damage.
  4. 8. – The amount you pay out-of-pocket before insurance starts covering.
  5. 9. – A fixed amount paid for a service (e.g., doctor visit).
  6. 10. – A set period a policy is in effect (used in term life insurance).
  7. 12. – A request for payment from the insurer after a loss.
  8. 13. – The company providing the insurance.
Down
  1. 1. – The maximum amount the insurer will pay.
  2. 2. – The contract between you and the insurer.
  3. 4. – The person or entity covered by the policy.
  4. 5. - The amount paid for insurance coverage.
  5. 6. – Short for automobile; tied to required car insurance.
  6. 9. – The extent of protection provided by an insurance policy.
  7. 11. – What’s not covered by your policy.