Insurance Terminology Crossword

A formal document providing evidence that an insurance policy has been issued
The amount of any loss or damage that you must pay before your insurance policy starts to kick in
The amount of money you pay to your insurance company for your insurance policy, in return for the insurance company’s promise to cover you
A person or entity who has entered into a contract with an insurer and holds an insurance policy
The way that an insurance company works out how much risk exposure it has and then calculates the premiums it will need to charge to insure that risk
When an asset (such as your home) is so badly damaged that it is beyond economic repair.
When someone deliberately lies or exaggerates details in a claim to get money or compensation dishonestly
Someone who is acting for the insurer, helps approve the claim by checking the details to see if it’s valid and meets the terms and conditions of your policy
What you receive from your insurer when your claim is agreed and processed
A specialist who works for you to find the most appropriate insurance products to suit your needs
The request you make for compensation from your insurer if you suffer a loss that is covered by your insurance policy
The insurance company that issues a policy to you to help protect against certain risks