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Insurance
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Insurance: A arrangement under which individuals, businesses, and other organizations or entities, in exchange for payment of a premium, are guaranteed compensation for losses resulting from certain perils under specified conditions.
Insurer:The party to the insurance contract who promises to pay losses or benefits. Also, any corporation engaged primarily in the business of furnishing insurance to the public.
Policyholder:A person who pays a premium to an insurance company in exchange for the insurance protection provided by a policy of insurance.
Insurance Policy:A document detailing the terms and conditions of a contract of insurance.
Insured:A person or organization covered by an insurance policy.
Peril:The cause of a possible loss, such as fire, windstorm, theft, explosion, or riot, covered in an insurance policy.
Benefits:The amount payable by the insurance company to a claimant, assignee or beneficiary under each coverage.
Risk:The chance of loss; The insured or property covered by a policy or application.
Premium:The sum paid by a policyholder to keep an insurance policy in force.
Claim:A request for payment of a loss which may come under the terms of an insurance contract.
Deductible:An amount that a policyholder agrees to pay, per claim or per accident, toward the total amount of an insured loss.
Face value:The amount stated on the face of the policy that will be paid in case of death or at the maturity of the policy.
Beneficiary:The person or entity designated or provided for by an insurance policy's terms to receive any benefits provided by the policy or plan upon the death of the insured.
Insurance
Across:3. | A arrangement under which individuals, businesses, and other organizations or entities, in exchange for payment of a premium, are guaranteed compensation for losses resulting from certain perils under specified conditions. | 4. | The chance of loss; The insured or property covered by a policy or application. | 6. | A person or organization covered by an insurance policy. | 8. | The party to the insurance contract who promises to pay losses or benefits. Also, any corporation engaged primarily in the business of furnishing insurance to the public. | 10. | The cause of a possible loss, such as fire, windstorm, theft, explosion, or riot, covered in an insurance policy. | 11. | A person who pays a premium to an insurance company in exchange for the insurance protection provided by a policy of insurance. | 12. | A request for payment of a loss which may come under the terms of an insurance contract. | 13. | The amount stated on the face of the policy that will be paid in case of death or at the maturity of the policy. |
| | Down:1. | The person or entity designated or provided for by an insurance policy's terms to receive any benefits provided by the policy or plan upon the death of the insured. | 2. | A document detailing the terms and conditions of a contract of insurance. | 5. | The sum paid by a policyholder to keep an insurance policy in force. | 7. | An amount that a policyholder agrees to pay, per claim or per accident, toward the total amount of an insured loss. | 9. | The amount payable by the insurance company to a claimant, assignee or beneficiary under each coverage. |
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© 2016
PuzzleFast.com, Noncommercial Use Only
Insurance
Across:3. | A arrangement under which individuals, businesses, and other organizations or entities, in exchange for payment of a premium, are guaranteed compensation for losses resulting from certain perils under specified conditions. | 4. | The chance of loss; The insured or property covered by a policy or application. | 6. | A person or organization covered by an insurance policy. | 8. | The party to the insurance contract who promises to pay losses or benefits. Also, any corporation engaged primarily in the business of furnishing insurance to the public. | 10. | The cause of a possible loss, such as fire, windstorm, theft, explosion, or riot, covered in an insurance policy. | 11. | A person who pays a premium to an insurance company in exchange for the insurance protection provided by a policy of insurance. | 12. | A request for payment of a loss which may come under the terms of an insurance contract. | 13. | The amount stated on the face of the policy that will be paid in case of death or at the maturity of the policy. |
| | Down:1. | The person or entity designated or provided for by an insurance policy's terms to receive any benefits provided by the policy or plan upon the death of the insured. | 2. | A document detailing the terms and conditions of a contract of insurance. | 5. | The sum paid by a policyholder to keep an insurance policy in force. | 7. | An amount that a policyholder agrees to pay, per claim or per accident, toward the total amount of an insured loss. | 9. | The amount payable by the insurance company to a claimant, assignee or beneficiary under each coverage. |
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© 2016
PuzzleFast.com, Noncommercial Use Only