Insurance Concepts Crossword Puzzle

QUESTIONS LIST:

• declarations: a snapshot of the important information regarding your insurance policy
• underwriter: a financial expert who evaluates risk an insurer will take on if they decide to give you a policy
• limit: the maximum amount of protection the insurance company agrees to pay for a specific coverage in any given claim
• beneficiary: a person who is designated as the recipient of payment, say life insurance benefit
• endorsement: an amendment attached to a base policy which adjusts the coverage
• allianz: largest european insurance company by total assets in 2022
• adjuster: an individual employed by an insurer to evaluate losses and settle policyholder claims
• coinsurance: the percentage of each health care bill a person must pay out of their own pocket
• quote: an estimate of the premium you will have to pay for the policy
• deductible: refers to the amount of money the insured are required to pay before the insurance company pays
• peril: causes of damage to your insured property that your policy protects against