Insurance Vocabulary Crossword Puzzle

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Insurance Vocabulary Crossword Puzzle

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QUESTIONS LIST: under insured : a term used to describe a situation where your insurance coverage is not sufficient to cover the full amount of your loss or damage, agent : the person who sells insurance policies on behalf of the insurance company, liability : your legal responsibility for damages or injuries caused to others, premium : the amount of money you pay to an insurance company in exchange for coverage, limits : the maximum amount of coverage provided by your insurance policy, policy : the written contract between you and the insurance company that outlines the terms of your coverage, risk : the likelihood that something bad will happen that would trigger a claim under your insurance policy, peril : the cause of a loss or damage covered by your insurance policy, exclusions : the specific risks or losses that are not covered by your insurance policy, claim : a request for payment from your insurance company for a loss or damage covered by your policy, insurer : the insurance company that provides coverage to the insured, coverage : the protection provided by an insurance policy against specific risks or losses, underwriting : the process by which an insurance company evaluates your risk and decides whether to offer you coverage, insured : the person or entity that is covered by an insurance policy, subrogation : the process by which your insurance company seeks reimbursement from a third party responsible for causing your loss or damage, indemnity : the protection provided by your insurance policy against financial loss or damage, uninsured : a term used to describe a situation where you have no insurance coverage for a loss or damage, riders : additional coverage options that can be added to your insurance policy for an additional premium, endorsement : an amendment to your insurance policy that adds or modifies coverage, deductible : the amount you pay out of pocket before your insurance policy kicks in.