Type
Word Scramble
Description

calamity
mayhem
commercial
life
health
home
boat
car
insurance
intercept
policy
danger
foresight
problem
chaos
issue
insured
risk
payment
policy

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

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

Insurance Review Crossword

Type
Crossword
Description

Provides payments for both liability and property insurance on a vehicle automobile-insurance
Receives money if a person dies beneficiary
Out-of-pocket money paid by policyholder before an insurance company deductible
Money paid for health care health-insurance
Financial product purchased to protect one against the risk of loss insurance
The chance of loss from an event that cannot be entirely controlled risk
Someone who relies on someone else for income dependent
Provides payment payment beneficiaries who were named by the insured person life-insurance
When the act of insuring an event increases the likelihood that the event will happen moral-hazard
A person who owns the insurance policy policyholder
The money paid to an insurance company to purchase policy premium
Cash set aside that can be used to cover the costs of unexpected expenses emergency-savings
A formal request to an insurance company asking for a payment when the policyholder has an accident, illness, or injury claim
Requires the insured individual to pay a fixed percentage of the loss after the deductible has been paid co-insurance
Provides payments to replace earnings during times when workers cannot work due to illness or injury disability-insurance
Employers may offer employees benefits in the form of products of services that add extra value for the employee beyond earned wages employee-benefits
The donation of a product or service in place of cash in-kind-income

Insurance Terms Crossword

Type
Crossword
Description

A person who sells insurance policies. Sometimes referred to as a producer, planner or advisor Agent
The person, people, or entity designated to receive the death benefits from a life insurance policy or annuity contract. Beneficiary
A policyholder's request for reimbursement from an insurance company under a home insurance policy for a loss to property. Claim
A period of up to two years during which a life insurance company may deny payment of a claim because of suicide or a material misrepresentation on an application. Contestability
When a policy is guaranteed to pay out but there is a limited death benefit within the first two years. This occurs when the second health question is answered yes or left blank Guaranteed Issue
The person or organization covered by an insurance policy. Insured
The termination of an insurance policy because a renewal premium is not paid by the end of the grace period. Lapse
The contract issued by the insurance company to the insured. Policy
Relative incidence of death within a particular group categorized according to age or some other factor such as occupation, sex, or ethnicity. Actuaries use these tables to estimate insurance premiums for products being sold. Mortality
The person or party who owns an individual insurance policy. This person may be the insured, the beneficiary, or another person. This person usually is the one who pays the premium and is the only person who may make changes to a policy. Policy Owner
The process by which a life insurance company puts a policy back in force after it lapsed because of nonpayment of renewal premiums. Reinstatement
The termination of an insurance contract by the insurer when material misrepresentation has occurred. Rescission
A written agreement attached to the policy expanding or limiting the benefits otherwise payable under the policy. Also called an "endorsement." Rider
The person who reviews an application for insurance and decides if the applicant is acceptable and at what premium rate. Underwriter

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

Basic Insurance Terms Crossword

Type
Crossword
Description

A written insurance contract is called an insurance _____. policy
The possibility of a loss is called a(n) _____. risk
The fee, or _____, is paid by the policyholder. premium
_____ is the chance or likelihood of an event occurring. probability
Specific losses that an insurance policy does not cover are called _____. exclusions
Risk _____ is taking measures to lesson the severity of losses. reduction
The cause of a possible loss is a _____. peril
The person who calculates premiums is a(n) _____. actuary
A request for payment for a loss is called _____. claim
The amount the insured needs to pay before the insurance company will pay any claims. deductible
_____ insurance protects you from loss in the event your home is damaged or destroyed. homeowners
This coverage protects against damage (you cause) to another person or their property. liability
This coverage is for damage to your car other than a collision. comprehensive
This coverage is for damage to your car due to a wreck if you are at fault. collision
_____ insurance provides protection from financial loss that might otherwise occur when a person dies. life
The most common type of health insurance; it is most often obtained through employers. group
Type of life insurance for a specific period of time. term
Type of life insurance which accumulates cash value. whole
There are three types of this insurance--medical, hospital, surgical. health
Person who inherits money from a life insurance policy when the insured dies. beneficiary

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

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

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

W!SE Insurance Terms Crossword

Type
Crossword
Description

The amount you have to pay in a year for a health insurance policy before they cover costs. Annual Deductible
Product used to protect individuals in the case of automotive accidents Automobile Insurance
The individual who receives the payout from an insurance policy Beneficiary
When an individual reports to an insurance company that something happened. Claim
A type of auto insurance that covers the cost of repairs to your vehicle in case of an accident (also called full-coverage) Collision Insurance
The amount you have to pay for a Doctor visit in traditional health insurance policies. Co-pay
The money that gets paid in case an individual dies. Death Benefit
The money that you have to pay for any insurance claim before insurance pays. Deductible
A product that helps recover income in case you cannot work due to accident or illness. (AFLAC is a type of this) Disability Insurance
Insurance that covers your house and your property. Homeowners Insurance
A product that allows an individual to share risk with other individuals in exchange for payment of a premium and deductible. Insurance
A product that can help cover for the costs of in-home nurses, hospice, or nursing homes. Long-term care insurance
A product that requires an individual to have a primary care physician monitoring their health. Managed Care Health Insurance
A product that protects a lender when a person purchases a home. (Often paid when there is less than 20% down payment.) Mortgage Insurance
The amount you have to pay just to have an insurance policy. Premium
A product that protects a person's property when they are renting a property. Renter's Insurance
The possibility of a bad thing happening to cost an individual money. It is shared among all individuals who have a specific type of insurance. Risk
A product that protects against the costs of a person's death for a specific period of time. Term Life Insurance
A person who is protected by an insurance policy. Insured
A product that protects against the costs of a person's death for the rest of their life. It tends to gain value over time as the person pays into the policy. Whole Life Insurance