General Terminology Crossword

An insured lost income because an insured vehicle was not available for them to use to conduct their business following an incident.
Where a risk is covered by more than one insurance policy.
A monthly or annual premium on a policy is not paid timeously and no cover exists.
The direct cause of a loss
The right an insurer has to take over any legal rights the policyholder may have against a third party.
A misstatement of fact, either intentionally, negligently or even innocently.
A failure to disclose information, and in our context is only of any relevance if the information is material.
Affects our decision to accept or reject a policy.
An additional premium or additional percentage of a premium imposed on a premium.
Any person who resides with the policyholder at their residential address.
An “act of grace”, or “out of a desire to please”.
To insure a customer against loss or damage
The date on which a customer's contract/policy will start.
A formal application by an insured to an insurer for payment or compensation.
A claimant has to make a payment towards the cost of the claim because his/her property will be in a better condition after repair than what is was before the loss or damage occurred.
A policy condition that requires the amount of a claim payment to be reduced proportionately if the policyholder is underinsured.