Across
- 1. Pricing in insurance is done by them.
- 3. ________is the remainder of the owner’s equity or the amount by which the company’s assets exceed it liabilities and capital.
- 5. _____ rate is one of the pricing factor in life insurance.
- 6. The ________ Premium system is a life insurance premium system that allows a policy owner to pay the same premium amount each year as policy is in force.
- 9. one who assess the risk and decides whether or not to accept a proposal for insurance.
Down
- 2. As per risk management technique, Insurance relates to ________ of risk from Insured to insurer. Down
- 3. _______risks refer to those proposed insured’s who present a significantly greater than average likelihood of loss but are still found to be insurable.
- 4. Life insurance is not a contract of __________.
- 7. ______ Contract specifies the amount of policy benefit that will be payable when a covered loss occurs, regardless of the actual amount of loss that was incurred.
- 8. This is an insurable risk