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TAIB
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EXCLUSION : A provision in an insurance policy that eliminates coverage for certain risks, people, property classes, or locations.
EXPOSURE : Possibility of loss
FREQUENCY : Number of times a loss occurs. One of the criteria used in calculating premium rates.
FUTURES : Agreement to buy a security for a set price at a certain date. Futures contracts usually involve commodities, indexes or financial futures.
INCOME DATE : The date on which an insurer begins or is scheduled to begin making annuity benefit payments under an annuity contract. Also known as maturity date and annuity date.
INSOLVENCY : Insurer’s inability to pay debts.
INTERMEDIATION : The process of bringing savers, investors and borrowers together so that savers and investors can obtain a return on their money and borrowers can use the money to finance their purchases or projects through loans.
LAPSE : The termination of an insurance policy because a renewal premium is not paid by the end of the grace period.
LIQUIDATION : Enables the state insurance department as liquidator or its appointed deputy to wind up the insurance company’s affairs by selling its assets and settling claims upon those assets
MANUAL : A book published by an insurance or bonding company or a rating association or bureau that gives rates, classifications, and underwriting rules.
TAIB
Across:4. | Agreement to buy a security for a set price at a certain date. Futures contracts usually involve commodities, indexes or financial futures. | 7. | The date on which an insurer begins or is scheduled to begin making annuity benefit payments under an annuity contract. Also known as maturity date and annuity date. | 8. | The process of bringing savers, investors and borrowers together so that savers and investors can obtain a return on their money and borrowers can use the money to finance their purchases or projects through loans. |
| | Down:1. | A provision in an insurance policy that eliminates coverage for certain risks, people, property classes, or locations. | 2. | Enables the state insurance department as liquidator or its appointed deputy to wind up the insurance company’s affairs by selling its assets and settling claims upon those assets | 3. | Number of times a loss occurs. One of the criteria used in calculating premium rates. | 5. | The termination of an insurance policy because a renewal premium is not paid by the end of the grace period. | 6. | A book published by an insurance or bonding company or a rating association or bureau that gives rates, classifications, and underwriting rules. | 8. | Insurer’s inability to pay debts. | 9. | Possibility of loss |
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© 2013
PuzzleFast.com, Noncommercial Use Only
TAIB
Across:4. | Agreement to buy a security for a set price at a certain date. Futures contracts usually involve commodities, indexes or financial futures. | 7. | The date on which an insurer begins or is scheduled to begin making annuity benefit payments under an annuity contract. Also known as maturity date and annuity date. | 8. | The process of bringing savers, investors and borrowers together so that savers and investors can obtain a return on their money and borrowers can use the money to finance their purchases or projects through loans. |
| | Down:1. | A provision in an insurance policy that eliminates coverage for certain risks, people, property classes, or locations. | 2. | Enables the state insurance department as liquidator or its appointed deputy to wind up the insurance company’s affairs by selling its assets and settling claims upon those assets | 3. | Number of times a loss occurs. One of the criteria used in calculating premium rates. | 5. | The termination of an insurance policy because a renewal premium is not paid by the end of the grace period. | 6. | A book published by an insurance or bonding company or a rating association or bureau that gives rates, classifications, and underwriting rules. | 8. | Insurer’s inability to pay debts. | 9. | Possibility of loss |
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© 2013
PuzzleFast.com, Noncommercial Use Only