Across
- 2. an attachment to the insurance policy
- 4. people who are over 65 and are covered by a social security number are eligible
- 8. contract in which the insurer promises, for a stated premium, to pay you a sum of money if a particular piece of real or personal property is damaged or destroyed
- 9. person who has the insurance policy
- 10. form of straight life insurance, allows policyholders to change the the terms of the policy
- 11. insurance that is issued for a term
- 13. relationship with the insured person
- 15. insurance that covers the person if they die
- 16. a provision in an insurance policy that limits your recovery for a loss if the property is not insured for its full replacement value
- 18. protects you against loss of personal property, liability for a visitor’s personal injury, and liability for negligent destruction of the rented premises
- 19. covers you from a fire
- 20. person who's life is insured
- 22. provides coverage for land carriers carrying goods
- 23. written contract between a person and an insurance company
- 24. gives you temporary protection until a policy is issued
- 25. amount of protection stated in a life insurance policy
- 26. protects against most types of losses and liabilities related to home ownership, including fire, windstorm, vandalism, burglary, and injuries suffered by other persons while on the property
- 28. guaranteed retirement income that is purchased
Down
- 1. amount of money you pay the insurance companies
- 3. covers ships at sea
- 5. someone who agrees to compensate you for a specific loss
- 6. allows you to stop paying premiums after a stated length of time
- 7. one that insures property that cannot be covered by specific insurance because it is constantly changing in value or location
- 12. person named in the policy to receive benefits paid by the insurer
- 14. also called ordinary life insurance, required payments of premiums throughout the insured's life
- 17. value Amount of money a person can take by either borrowing against or cashing in an insurance policy
- 21. provides protection for a stated time, generally 20-30 years
- 27. healthcare plan for low income families
