Vocab chapter 9 FP Crossword
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                            
 
 
Down: 1) Life insurance that provides policy dividends. 3) The amount received after giving up a life insurance policy. 260 4) A provision stating that the insurer cannot dispute the validity of a policy after a specified period. 6) A method of evaluating the cost of life insurance by taking into account the time value of money. 9) A person designated to receive something, such as life insurance proceeds, from the insured. Across: 2) A provision that allows the insured not to forfeit all accrued benefits. 5) Life insurance that does not provide policy dividends. 7) A benefit under which the company pays twice the face value of the policy if the insured's death results from an accident. 8) A provision stating that if the insured dies by suicide during the first two years the policy is in force, the death benefit will equal the amount of the premium paid. 10) Life insurance protection for a specified period of time; sometimes called temporary life insurance. 11) Insurance premiums that remain the same over the lifetime of a policy. 12) An insurance plan in which the policyholder pays a specified premium each year for as long as he or she lives; also called a straight life policy, a cash-value life policy, or an ordinary life policy. 13) A provision under which the insured pays a flat dollar amount each time a covered medical service is received after the deductible has been met. 14) Provides day-in, day-out care for long-term illness or disability 15) Provides payments to replace income when an insured person is unable to work. 16) An addition of coverage to a standard insurance policy. 17) A permanent life insurance policy that combines term insurance and investment elements.
 

 

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