Insurance Definitions Crossword Puzzle

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Insurance Definitions Crossword Puzzle

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QUESTIONS LIST:

  • broker: a person who works for him or herself and sells insurance for a number of different insurance companies. he/she is paid a commission for this by the insurance company. brokers also offer advice to people looking for insurance and will help them to find the best policy at the best price.proposal form: the application form for insurance. it is a list of questions designed to find out information about the person taking out the insurance and the item they want to insure.
  • proposal form: the application form for insurance. it is a list of questions designed to find out information about the person taking out the insurance and the item they want to insure.
  • premium: the fee paid for insurance
  • risk: the likelihood or chance of danger, harm or loss occurring.
  • policy: a written document from the insurance company that contains all the details about the insurance contract.insurance certificate: a short written summary of the main points of the insurance policy, including the name and address of the insured and the risks being insured
  • certificate: a short written summary of the main points of the insurance policy, including the name and address of the insured and the risks being insured against
  • renewal: a written reminder from the insurance company that the premium for next year must be paid if the insurance is to continue for another year.
  • actuary: the person who calculates the risk and the premium for the insurance company.
  • days of grace: a short period after your insurance has ended, during which time you are still insured even if your renewal premium has not yet been paid.
  • company: provides insurance for both households and businesses