W!SE Review - insurance & investing

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Across
  1. 1. Earnings given to the people who are shareholders of the company stock
  2. 3. The amount that the insured has agreed to pay before the insurer is obliged to pay anything on a covered claim
  3. 5. An insurance policy that will pay a lump-sum benefit to your family or another beneficiary of your choice, if you die while the policy is in effect. Is not a permanent life insurance policy.
  4. 6. A financial market that experiences an extended period of growth above the historical averages
  5. 7. The amount of money you pay out-of-pocket for a covered medical service
  6. 9. Type of auto insurance protection for loss or damage to your vehicle caused by something other than a collision
  7. 11. When an investor has different type of investments (stocks, bonds, mutual funds, Treasury Bills, etc) it reduces risk of investing
  8. 13. Type of auto insurance that covers damages to your vehicle if you are involved in an accident
  9. 16. Referred to as a permanent life insurance policy because, as long as you pay your premiums, the policy is yours for life
Down
  1. 1. Type of insurance that will cover your bills while you are disabled or cannot work, with an injury or illness for a certain amount of time
  2. 2. A professionally managed investment vehicle that is made up of pool of funds collected from many investors and invested in stocks, bonds, money markets and securities
  3. 4. A short-term loan sold to operate the U.S. government, amounts invested range from $1,000 to $5 million per investor
  4. 8. A diversified (hopefully) set of investments held by an individual or institutional investor
  5. 10. A financial markets that are experiencing a prolonged period of contraction or loss
  6. 12. The purpose of insurance is to transfer ____________
  7. 14. Type of auto insurance protection against claims resulting from personal injury
  8. 15. Type of insurance that protects your furniture, belongings, etc. in case of a burglary, fire, or some natural disaster; also covers liability/injury to others
  9. 17. The higher the insurance deductible, the ____________ the monthly premium