1:00
en
CR
Ch 9: Insurance Contracts
11
insured:The party who buys insurance from the insurer.
subrogation:When an insurer who pays a claim in full acquires the insured's rights over the property insured.
under:................ insurance. Where a property is insured for less than its value.
indemnity:A principle based on the idea that the insured should not profit from there loss.
double:................ insurance. Where a property is insured with more than one insurer.
overinsurance:Where a property is insured for more than its value (two words).
insurance:................ contract. Where one party promises another party to compensate them if a 'risk event' occurs, in exchange for payment.
insurer:The party who provides insurance.
life:................ insurance. Where the insurer pays an agreed amount to the insured if a specific event occurs, e.g. a death, personal accident, sickness or disability.
interest:Insurable ................. The insured must be able to demonstrate they would lose or suffer damage by the loss, destruction or theft of the thing insured.
liability:................. insurance. Can be public, product or professional indemnity.
Ch 9: Insurance Contracts
Across:1. | When an insurer who pays a claim in full acquires the insured's rights over the property insured. | 6. | Where a property is insured for more than its value (two words). | 9. | The party who buys insurance from the insurer. |
| 10. | The party who provides insurance. | 11. | ................ insurance. Where a property is insured for less than its value. |
| | Down:2. | Insurable ................. The insured must be able to demonstrate they would lose or suffer damage by the loss, destruction or theft of the thing insured. | 3. | ................ insurance. Where a property is insured with more than one insurer. | 4. | ................ contract. Where one party promises another party to compensate them if a 'risk event' occurs, in exchange for payment. |
| 5. | ................ insurance. Where the insurer pays an agreed amount to the insured if a specific event occurs, e.g. a death, personal accident, sickness or disability. | 7. | A principle based on the idea that the insured should not profit from there loss. | 8. | ................. insurance. Can be public, product or professional indemnity. |
| |
© 2013
PuzzleFast.com, Noncommercial Use Only
Ch 9: Insurance Contracts
Across:1. | When an insurer who pays a claim in full acquires the insured's rights over the property insured. | 6. | Where a property is insured for more than its value (two words). | 9. | The party who buys insurance from the insurer. |
| 10. | The party who provides insurance. | 11. | ................ insurance. Where a property is insured for less than its value. |
| | Down:2. | Insurable ................. The insured must be able to demonstrate they would lose or suffer damage by the loss, destruction or theft of the thing insured. | 3. | ................ insurance. Where a property is insured with more than one insurer. | 4. | ................ contract. Where one party promises another party to compensate them if a 'risk event' occurs, in exchange for payment. |
| 5. | ................ insurance. Where the insurer pays an agreed amount to the insured if a specific event occurs, e.g. a death, personal accident, sickness or disability. | 7. | A principle based on the idea that the insured should not profit from there loss. | 8. | ................. insurance. Can be public, product or professional indemnity. |
| |
© 2013
PuzzleFast.com, Noncommercial Use Only