Type
Crossword
Description

annual percentage rate (APR): A number calculated by taking into account the total cost of a loan, including what the borrower will pay in interest; this makes it easier to compare different loan offers.
coupe: A car with two front seats and a smaller backseat for occasional passengers. It usually has two doors but sometimes has four.
collision insurance: Insurance that covers the car of the insured person and pays for repairs after an accident or cash compensation if the car can’t be repaired. This type of coverage is usually optional.
lease: An agreement that gives one party the use of a commodity for a specified period of time for a specified price.
liability insurance: Insurance that compensates an injured party up to a certain amount outlined in the policy statement. This type of insurance ensures you will be able to pay for any damages you cause.
loan: An amount of money given to the borrower for a set period of time. After the set time has passed, the money must be paid back plus the lending fee, called interest. Payments are normally made over a series of months.
minivan: A car that is designed for maximum passenger space. It has multiple rows of seats but often doesn’t offer significant towing power or off-road capability.
no-fault auto insurance: A system under which drivers must have coverage for their own protection. It also limits the damages for which an injured party can sue. Under this system, after an accident both parties would be covered by their own insurance policies. Only some states use this system.
sedan: A common type of car that has two rows of seats and a trunk. It can have two doors or four doors, but the backseat should be able to seat adults comfortably.
SUV (sport utility vehicle): A car with multiple rows of seats and significant towing power. Most also have the ability to drive off-road.

Buying a Car Worksheet

Type
Matching Worksheet
Description

annual percentage rate (APR): A number calculated by taking into account the total cost of a loan, including what the borrower will pay in interest; this makes it easier to compare different loan offers.
coupe: A car with two front seats and a smaller backseat for occasional passengers. It usually has two doors but sometimes has four.
collision insurance: Insurance that covers the car of the insured person and pays for repairs after an accident or cash compensation if the car can’t be repaired. This type of coverage is usually optional.
lease: An agreement that gives one party the use of a commodity for a specified period of time for a specified price.
liability insurance: Insurance that compensates an injured party up to a certain amount outlined in the policy statement. This type of insurance ensures you will be able to pay for any damages you cause.
loan: An amount of money given to the borrower for a set period of time. After the set time has passed, the money must be paid back plus the lending fee, called interest. Payments are normally made over a series of months.
minivan: A car that is designed for maximum passenger space. It has multiple rows of seats but often doesn’t offer significant towing power or off-road capability.
no-fault auto insurance: A system under which drivers must have coverage for their own protection. It also limits the damages for which an injured party can sue. Under this system, after an accident both parties would be covered by their own insurance policies. Only some states use this system.
sedan: A common type of car that has two rows of seats and a trunk. It can have two doors or four doors, but the backseat should be able to seat adults comfortably.
SUV (sport utility vehicle): A car with multiple rows of seats and significant towing power. Most also have the ability to drive off-road.

5-4 Auto Insurance Crossword

Type
Crossword
Description

type of insurance that pays for the repair or replacement of an insured car if it is damaged no matter who is at fault. Usually required if there is a loan on the car. collision insurance
insurance that pays for part of the cost of a rented car if a car is disabled because of a collision. car rental insurance
insurance that covers towing or road service when a car is disabled. emergency road service insurance
a person who predicts how many customers will submit claims based on a criteria such as age or sex or marital status or driving record and residence. actuary
an extra fee paid to car insurance company for dividing an annual premium into monthly, quarterly or semiannual payments. surcharge
part of the repair or damages that a driver has to pay before the insurance company pays. deductible
covers bodily injury during an accident liable, the responsible person that pays for damages they cause with their automobile. bodily injury liability
at fault for causing an accident. You can be sued for this. negligent
contract between a person and insurance company. The driver pays a fee and the company covers certain costs when the driver makes a claim. premium, the amount paid for an insurance policy. automobile insurance
a request for payment by a driver involved in an accident to an insurance company. claim
insurance that covers a person from damages. liability insurance
insurance that covers damage a driver causes to another person's property. property damage liability
coverage that pays for injuries to a driver or passengers caused by a driver who has no insurance or does not have enough insurance to cover the medical losses. uninsured motorist protection
an added insurance coverage mandatory in some states that pays for any physical injuries that the driver or passenger sustain while in the vehicle. Also called no fault insurance. personal injury protection
same as personal injury protection. no fault insurance
insurance that covers the repair or replacement of parts of an insured car damaged by fire or vandalism or any other disaster. it also covers if the car is stolen. comprehensive insurance

Buying a Car Crossword

Type
Crossword
Description

number calculated by taking into account the total cost of the loan, including the pay in interest annual percentage rate
a car with two front seats and a smaller backseat for occasional passengers coupe
this insurance is usally optional collision insurance
an agreement that gives one party the use of a community for a specified period of time for a specified price lease
this insurance ensures you will be able to pay for any damages you cause liability insurance
payments are normally made over a series of months loan
it has multiple rows of seats but often doesn’t offer significant towing power or off-road capability minivan
only some states use this system no-fault auto insurance
car that has two rows of seats and a trunk sedan
a car with multiple rows of seats and significant towing power most also have the ability to drive off-road SUV
lenders require a certain level of income each month to qualify steady income
lenders use credit scores as a quick way to judge whether you will pay the money back credit history

Insurance Terms Crossword

Type
Crossword
Description

Business person who analyzes the probabilities of risk/risk management. Actuary
Person who sells, services, or negotiates insurance policies either with a company or individually. Agent
Physical injury that can include sickness/disease to a person Bodily Injury
A clause in most property insurance policies to encourage policyholders to carry a good amount of insurance. If the insured person doesn’t maintain the amount specified in the clause (usually 80%), the insured person will share a higher proportion of the loss. Coinsurance
The date when an insurance company issues a policy. Date of Issue
Portion of the insured loss paid by the policyholder Deductible
Amount at which an asset can be bought or sold in a transaction between willing parties. Fair Value
The termination of a policy due to failure to pay the required renewal premium. Lapse
It is a state assistance program, to provide hospital and medical expense insurance to people over 65 years of age. Medicare
Money charged for the insurance coverage reflecting expectation of loss. Premium
Uncertainty including the possibility of loss by an unexpected event for which insurance is used for. Risk
homeowners insurance sold to tenants living in the described property. Tenants
The person who identifies and classifies the degree of risk posed by the person trying to be insured. They determine whether or not coverage should be provided and what the rate should be Underwriter
Insurance that will cover an employer’s liability for injuries or death to people in their employment Workers' Compensation
The amount that has to be paid by the insured person during a calendar year before the insurer is responsible for more loss costs Deductible

Insurance Key Terms Crossword

Type
Crossword
Description

a situation involving exposure to danger. "flouting the law was too much of a risk" risk
(in business) the forecasting and evaluation of financial risks together with the identification of procedures to avoid or minimize their impact risk management
a practice or arrangement by which a company or government agency provides a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a premium. "many new borrowers take out insurance against unemployment or sickness" insurance
a person or group in whose name an insurance policy is held. policy holder
An insurance premium is the amount of money that an individual or business must pay for an insurance policy. The insurance premium is considered income by the insurance company once it is earned, and also represents a liability in that the insurer must provide coverage for claims being made against the policy. policy premium
a course or principle of action adopted or proposed by a government, party, business, or individual. "the administration's controversial economic policies" policy
the extent to which something is probable; the likelihood of something happening or being the case. "the rain will make the probability of their arrival even greater" probability
state or assert that something is the case, typically without providing evidence or proof. "he claimed that he came from a wealthy, educated family" claim
the extent to which something deals with or applies to something else. "the grammar did not offer total coverage of the language" coverage
able to be deducted, especially from taxable income or tax to be paid. "child-care vouchers will be deductible expenses for employers" deductible
covered by insurance insured
a person or company that underwrites an insurance risk; the party in an insurance contract undertaking to pay compensation. insurer
the state of being responsible for something, especially by law. "the partners accept unlimited liability for any risks they undertake" liability
serious and immediate danger. "his family was in peril" peril
a danger or risk. "the hazards of smoking hazard
DEFINITION of 'Insurance Risk Class' A group of individuals or companies that have similar characteristics which is used to determine the risk associated with underwriting a new policy and the premium that should be charged for coverage. insurable risk
DEFINITION of 'Uninsurable Risk' A hazard or condition that has either a high likelihood of loss, or in which the insurance would be considered against the law. Insurance companies limit their losses by not taking on certain risks that are very likely to soon result in a loss. uninsurable risk

Financial Terms Crossword Puzzle

Type
Crossword
Description

When you’re investing or saving, this is the interest that you earn on the amount you deposit, plus any interest you’ve accumulated over time. Compoundinterest
A number used by banks and other financial institutions to measure a borrower’s credit worthiness. FICOscore
The difference between your assets and liabilities. networth
The process by which you choose what proportion of your portfolio you’d like to dedicate to various asset classes, based on your goals, personal risk tolerance and time horizon. Assetallocation
Commonly referred to as fixed-income securities. Bonds
The increase in the value of an asset or investment — like a stock or real estate — above its original purchase price. Capitalgains
The process of buying or selling securities over time in order to maintain your desired asset allocation. Rebalancing
Also called equities or shares. Stocks
This is the process of paying off your debt in regular installments over a fixed period of time. Amortization
A type of mortgage in which the interest you pay on your outstanding balance rises and falls based on a specific benchmark. ARM
An account held by an impartial third party on behalf of two parties in a transaction. Escrow
A mortgage that carries a fixed interest rate for the entire life of the loan. Fixed-rate mortgage
Employer-sponsored retirement plans, such as pensions, in which the employer promises a specified retirement benefit based on a formula that may include an employee’s earnings history, length of employment and age. Defined-benefit plans
Companies often use these as management incentives. stockoptions
The payments you make to an insurance company in return for protection from financial losses within the scope of your policy. Premium
Used to determine your taxable income, minus any additional IRS-qualified deductions that you’re eligible to take. AGI
A person who is financially dependent on your income, typically a child or an adult relative you may support. Dependent
A standard amount that can be used to reduce your taxable income if you decide not to itemize your deductions. Standarddeduction
A qualified expense that the IRS allows you to subtract from your adjusted gross income, which further reduces your taxable income. Itemizeddeduction
A type of policy that provides additional liability coverage beyond what your home, auto or boat insurance may provide. Umbrellainsurance

Property & Liability Insurance Crossword

Type
Crossword
Description

Is insurance that protects renters from property and liability risks. Renters policy
Is an insurance that protects property owners from property and liability. Homeowner’s policy
: Is a written amendment to an insurance policy. Policyholders often use endorsement to add coverage to their policy for an additional premium. Endorsement
A provision requiring policyholders to insure their building for a stated percentage of its replacement value in order to receive full reimbursement for a loss. Coinsurance clause
Is an insurance to protect against claims for bodily injury to another person or damage to another person’s property Liability coverage
: Is a dangerous place, condition, or object that is particularly attractive to children, such as swimming pools. Attractive nuisance
Is automobile insurance that protects you own car against damage from accidents or vehicle overturning. This coverage will pay for the damage to your car in the event you are at fault and the other driver’s liability insurance does not have to pay. Collision coverage
Is automobile insurance that pays for medical, hospital, and funeral costs of the insured and his or her family and passengers, regardless of fault. injury protection
Is automobile insurance that pays for your injuries when the other driver is legally liable but unable to pay. motorist coverage
Is automobile insurance in which drivers involved in an accident receive reimbursement for their medical and repair expenses from their own insurer. No fault insurance
Known as personal catastrophe policy, supplements your basic auto and property liability coverage by expanding reimbursement limits and including some risks that were excluded in the basic coverage. Umbrella insurance
: Is insurance coverage for the insured’s move able property wherever it may be located. Floater
The causes might be fire, theft, tornado, hail, water, falling objects, natural disasters, and acts of vandalism. Comprehensive

Basics of Health Insurance Crossword

Type
Crossword
Description

An established schedule of fees set for services performed by providers and paid by the patient fee for service
protection in return for periodic premium payments that provides reimbursement of expenses resulting from illness or injury Health insurance
the sum of money paid at the time of medical service; it is a form of coinsurance copayment
provision frequently is found in medical insurance policies whereby the policyholder and the insurance company share the cost of covered losses in a specified ratio coinsurance
Civilian Health and Medical Program of the Veterans Administration known as CHAMPUS
states that when an individual is covered under two insurance policies, the insurance plan of the policyholder whose birthday comes first in the calendar year (month and day, not year) becomes the primary insurance. birthday rule
A term used in managed care for an approved referral authorization
a payment method used by many managed care organizations in which a fixed amount of money is reimbursed to the provider for patients enrolled during a specific period of time, no matter what services were received or how many visits were made. Capitation
a letter or statement from Medicare that describes what was paid, denied, or reduced in payment. EOMB
Pays expenses involved in the care of the teeth and gums Dental care
Protects a person in the event of a certain type of accident, such as an airplane crash Special risk insurance
Often includes benefits for medical expenses payable to individuals who are injured in the insured person’s home or during an automobile accident Liability insurance
Covers a continuum of maintenance and health services for chronically ill, disabled, or mentally retarded individuals Vision care
Provides payment of a specified amount on the insured’s death Life insurance
Pays the cost of all or part of the insured person’s hospital room and board and specific hospital services Hospitalization
a review of individual cases by a committee to make sure services are medically necessary and to study how providers use medical care resources utilization review
40. An insurance term used when a primary care provider wants to send a patient to a specialist referral
periodic (monthly, quarterly, or annual) payment of a specific sum of money to an insurance company for which the insurer, in return, agrees to provide certain benefits premium
person who pays a premium to an insurance company and in whose name the policy is written in exchange for the insurance protection provided by a policy of insurance policyholder
a general practice or nonspecialist provider or physician responsible for the care of a patient for some health maintenance organizations gatekeeper

Health/Life Insurance Crossword

Type
Crossword
Description

Medications that have the same composition as their name brand counterparts but are less expensive. Generic
A government plan that requires your employer to allow you to pay to continue your health coverage months after you leave. cobra
A medical condition diagnosed or treated before you join a new insurance plan. preexisting condition
A request from your primary care physician for services from a specialist. referral
Insurace that is designed to replace your lost income when you cannot work because of an accident or illness. disability
The person or persons that receive the death benefit upon your death. beneficiary
An insurance program set up to pay expenses for work-related injuries, illnesses and death. Worker's Compensation
You pay for health services as you receive them. Fee for Service plan
An example would be that you pay the first $500 before coinsurance. Deductible
A managed care plan that charges a set amount for each member each year. (Abbr) hmo
you can usually enroll in your employer's plan when you begin your job or during a specified period each year. openenrollment
Insurance that pays a death benefit if the policyholder dies within a specified period of time. Term

Insurance Key Terms Crossword

Type
Crossword
Description

a situation involving exposure to danger Risk
the forecasting and evaluation of financial risks together with the identification of procedures to avoid or minimize their impact. (managing risk) Risk Management
a company or government agency provides a guarantee of compensation for specified loss, damage, illness, or death Insurance
person or group in whose name an insurance policy is held Policy Holder
the amount of money that an individual or business must pay for an insurance policy Policy Premium
a course or principle of action adopted or proposed by a government, party, business, or individual. Policy
the extent to which something is probable; the likelihood of something happening or being the case Probability
state or assert that something is the case, typically without providing evidence or proof Claim
the treatment of an issue by the media Coverage
able to be deducted, especially from taxable income or tax to be paid Deductible
a person or organization covered by insurance Insured
a person or company that underwrites an insurance risk; the party in an insurance contract undertaking to pay compensation Insurer
- a person or thing whose presence or behavior is likely to cause embarrassment or put one at a disadvantage Liability
serious and immediate danger Peril
a danger or risk Hazard
a risk that meets the ideal criteria for efficient insurance Insurable Risk
hazard or condition that has either a high likelihood of loss, or in which the insurance would be considered against the law Uninsurable Risk