Across
- 1. at least six months of expenses set aside to cover costs of unexpected events
- 5. payment to beneficiaries if an insured person dies
- 8. Payment to replace earnings during times when workers cannot work due to illness or injury
- 13. chance of loss from an event that cannot be entirely controlled
- 14. payment to others if a member of the insured household accidently causes harm to other people or property
- 15. someone who relies on someone else for money income and care
- 17. Money paid to purchase the policy
- 18. The risks covered and amount of money paid for losses under an insurance policy
- 20. amount of money paid out of pocket by policyholder before the insurance coverage begins
- 21. payment to cover liability losses and damage/loss of home and its contents
- 22. paperwork submitted to insurance organization describing the accident, illness or injury
- 23. provides money to pay for health care
Down
- 1. products or services that add extra value for employees beyond wages
- 2. payment to insured person if his/her property is damaged or destroyed by an accident
- 3. the provision of a product or service rather than cash
- 4. payment for damage/loss of property in a rental unit in addition to liability losses
- 6. payment for liability and property insurance on a vehicle
- 7. amount of money, after deductible, that is paid jointly by the insured and the insurance company
- 9. transfers risk from an individual to an insurance organization
- 10. A contract that specifies what risks are covered and how much will be paid for losses
- 11. Person who owns the policy
- 12. unpaid work, such as child care or meal preparation
- 16. Payment for extended care when a person cannot live independently (but doesn’t need to be hospitalized)
- 19. someone who receives insurance money if the insured person dies