Exam 3 Crossword

A risk in which there is only a chance of loss;(also called insurable risk)
A risk in which there is a chance of either loss or gain
The process or establishing a monetary fund to cover the cost of a loss
protection against possible financial loss
a risk sharing firm that assumes financial responsibility for losses that may result in a risk
an insurance company
A written contract for insurance
The amount of money a policyholder is charged for an insurance policy
A person covered by an insurance policy
A person who owns a insurance policy
Chance or uncertainty of loss; (also used to mean "the insured")
The cause of a possible loss
A factor that increases the likelihood of loss through some peril
The set amount a policyholder must pay per loss on an insurance policy
Legal responsibility for the financial cost of another person's losses or injuries
Failure to take ordinary or responsible care in a situation
A situation in which a person is held responsible for the intentional or unintentional actions
A situation in which a person is held legally responsible for the actions of another person
Coverage for place of residence and its associated financial risk
Additional property insurance to cover the damage or loss of a specific item of high value
A list or other documentation of personal belongings, with purchase dates and cost info
An addition of coverage to a standard insurance policy
A policy provision that requires a homeowner to pay fir part of the losses if the property isn't insured
Automobile insurance coverage that protects a person against financial loss when that person damaged the property of others
Automobile insurance that pays for damage to the insured's car when it is involved in ad accident
The place of residence used to determine a person's automobile insurance premium
A category based on the drivers age,sex, marital status, driving records, and driving
An automobile insurance program in which drivers involved in accidents collect medical expenses, lost wages, and related to injury cost from their own insurance
A method of integrating the benefits payable under more than one health insurance plan
Pays a part or all of hospital bills for room,board,and other charges