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en
CR
TAIB
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Ishtirak : Contribution, as in Takaful.
ASSIGNMENT : An agreement under which one party—the assignor—transfers some or all of his ownership rights in a particular property, such as a life insurance policy or an annuity contract, to another party—the assignee.
BENEFICIARY : The person or legal entity the owner of an insurance policy names to receive the policy benefit if the event insured against occurs.
BROKER : An intermediary between a customer and an insurance company.
CATASTROPHE : Term used for statistical recording purposes to refer to a single incident or a series of closely related incidents causing severe insured property losses totaling more than a given amount.
COVERAGE : Synonym for insurance.
DEDUCTIBLE : The amount of loss paid by the policyholder. Either a specified dollar amount, a percentage of the claim amount, or a specified amount of time that must elapse before benefits are paid. The bigger the deductible, the lower the premium charged for the same coverage.
DERIVATIVES : Contracts that derive their value from an underlying financial asset, such as publicly traded securities and foreign currencies. Often used as a hedge against changes in value.
ENDORSEMENT : A written form attached to an insurance policy that alters the policy’s coverage, terms, or conditions. Sometimes called a rider.
EQUITY : In investments, the ownership interest of shareholders. In a corporation, stocks as opposed to bonds.
TAIB
Across:2. | The amount of loss paid by the policyholder. Either a specified dollar amount, a percentage of the claim amount, or a specified amount of time that must elapse before benefits are paid. The bigger the deductible, the lower the premium charged for the same coverage. | 5. | The person or legal entity the owner of an insurance policy names to receive the policy benefit if the event insured against occurs. |
| 7. | Contracts that derive their value from an underlying financial asset, such as publicly traded securities and foreign currencies. Often used as a hedge against changes in value. | 10. | A written form attached to an insurance policy that alters the policy’s coverage, terms, or conditions. Sometimes called a rider. |
| | Down:1. | Synonym for insurance. | 3. | Term used for statistical recording purposes to refer to a single incident or a series of closely related incidents causing severe insured property losses totaling more than a given amount. | 4. | Contribution, as in Takaful. |
| 6. | In investments, the ownership interest of shareholders. In a corporation, stocks as opposed to bonds. | 8. | An agreement under which one party—the assignor—transfers some or all of his ownership rights in a particular property, such as a life insurance policy or an annuity contract, to another party—the assignee. | 9. | An intermediary between a customer and an insurance company. |
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© 2013
PuzzleFast.com, Noncommercial Use Only
TAIB
Across:2. | The amount of loss paid by the policyholder. Either a specified dollar amount, a percentage of the claim amount, or a specified amount of time that must elapse before benefits are paid. The bigger the deductible, the lower the premium charged for the same coverage. | 5. | The person or legal entity the owner of an insurance policy names to receive the policy benefit if the event insured against occurs. |
| 7. | Contracts that derive their value from an underlying financial asset, such as publicly traded securities and foreign currencies. Often used as a hedge against changes in value. | 10. | A written form attached to an insurance policy that alters the policy’s coverage, terms, or conditions. Sometimes called a rider. |
| | Down:1. | Synonym for insurance. | 3. | Term used for statistical recording purposes to refer to a single incident or a series of closely related incidents causing severe insured property losses totaling more than a given amount. | 4. | Contribution, as in Takaful. |
| 6. | In investments, the ownership interest of shareholders. In a corporation, stocks as opposed to bonds. | 8. | An agreement under which one party—the assignor—transfers some or all of his ownership rights in a particular property, such as a life insurance policy or an annuity contract, to another party—the assignee. | 9. | An intermediary between a customer and an insurance company. |
| |
© 2013
PuzzleFast.com, Noncommercial Use Only