Virginia Insurance Basics Crossword

Mots Croisés

Parties jouées 4

Créer une copie

À propos de cette activité

Key terms on Virginia insurance regulation.

Créé par

Zachary Fortuna

United States

Téléchargez la version pour jouer sur papier

Top 10 résultats

#	Jeux	Précision	temps
1	Zachary Fortuna 9 Octobre 2025	% 100	06:28
2	Jamaal 10 Octobre 2025	% 75	37:07

Voulez-vous apparaître dans le Top 10 de ce jeu? Connectez-vous pour vous identifier.

Créez votre propre jeu gratuite à partir de notre créateur de jeu

Affrontez vos amis pour voir qui obtient le meilleur score dans ce jeu

Créer un défi

		%
	Anonyme	%
		%
		%

Imprimez votre jeu

Virginia Insurance Basics Crossword


Mots Croisés Virginia Insurance Basics CrosswordVersion en ligne Key terms on Virginia insurance regulation. par Zachary Fortuna 1 A contract in which unequal amounts or values are exchanged with premium paid by the insured smaller in relation to the amount that may be paid by the insurer for a loss 2 Describes an unclear word or term in a contract 3 Temporary insurance coverage issued by an insurer or agent that places insurance in effect prior to the policy being issued 4 The intentional misrepresentation or concealment of a material fact used to induce another party to make or refrain from making a contract or to deceive or cheat a party 5 Transfer of risk to an insurance company, which in turn spreads the costs of unexpected losses to many individuals 6 Compensation by an insurer to restore an insured to the same financial position they were at prior to loss - to make them whole again 7 Responsibility under the law when negligence is committed against a 3rd party 8 A form of insurance whereby one insurance company (the reinsurer) in consideration of a premium paid agrees to indemnify another insurance company (ceding company) for part or all its liabilities from insurance policies it has issued 9 Value recovered from the sale of damaged property of which the insurer has indemnified the insured in full due to a covered loss 10 A policy providing higher limits of liability and broader coverage than underlying policies, such as auto or homeowners 8 7 2 5 10 1 9 3 4 1 The acquisition by an insurer of an insured’s rights against any third party for indemnification of loss or other payment to the extent that the insurer pays the loss 2 Misrepresenting a policy with the intention of inducing a policy owner to change or replace an existing policy 3 -Method of calculating return premium when a policy is cancelled by the insured before the expiration date where the insurer charges a penalty for early cancellation 4 A response to a question or statement made by an applicant for insurance based on their reasonable belief of what is true 5 A person in the position of financial trust who must act in the best interest of all parties involved 6 A person who, for a fee, offers any advice, counsel, opinion, or service regarding the benefits, advantages, or disadvantages promised under a policy of insurance 7 The taking of property from another by using violence or the threat of violence 8 A building that has no contents, furnishing or occupants 9 The intentional act of relinquishing a known right, claim or privilege 10 The process of reviewing the information on applications for insurance – selecting, classifying, and pricing risks 5 10 3 4 8 7 1 6 1 A condition or situation which creates or increases the probability of or extent of a probable loss from a peril 2 The cause of loss insured against in an insurance policy 3 Extends coverage to any driver with expressed or implied consent of the named insured to use the insured auto 4 Temporary inundation of two or more acres of normally dry land or two or more properties including mudslides and mudflows 5 The section of an insurance policy that details what perils are not insured against and what persons are not insured 6 Tangible physical damage to buildings or personal property 7 A legal process that can be used to prevent a party to a contract from re-asserting a right or privilege after that right or privilege has been waived 8 The lessening of value of real and personal property due to age, wear/tear and other factors that reduce property value 9 An unfair trade practice in which an insurer uses physical or mental force to persuade an applicant to buy insurance 10 A process required to notify the Bureau of Insurance of all agents appointed for representation 4 10 9 6 3 1 8 2 1 A sudden, unplanned, and unexpected event, not under the control of the insured, resulting in injury or damage that is neither expected nor intended 2 In the event there is more than one insurance policy written on a piece of property, this provision states that each policy must pay its proportionate share of the loss in keeping with the principle of indemnity 3 A wrongful act or violation of someone’s rights that leads to legal liability - torts are classified as intentional or unintentional 4 Any inducement offered in the sale of insurance products that is not specified in the policy to include reductions in commissions, promises and/or personal services - the offer and acceptance are illegal 5 Open peril coverage on a covered auto such as fire, theft, vandalism, hitting a live animal, glass breakage, falling objects, etc. - subject to a deductible 6 The policy is terminated as of the effective date and all premium is returned as if the policy never existed 7 A printed addendum to a contract that is used to change the policy’s original terms, conditions, or coverages 8 The section of an insurance policy that indicates the general rules or procedures that the insurer and insured agree to follow under the terms of the policy 9 Visible signs of forced entry into another’s premises with felonious intent 10 Method of claim settlement used when the insured and insurer cannot agree upon the amount of loss to be paid 7 2 6 1 9 5 8 10 1 A single dollar amount of liability applying to the total of damages for bodily injury and property damage combined, resulting from one accident/ occurrence 2 The rental value of the property housing a tenant at the time of loss minus any expenses that do not continue 3 The authority a principal intends to grant to an agent by means of the agents written contract 4 the termination of an insurance policy at its expiration date by not offering a continuation of the existing policy or a replacement policy 5 Situations resulting in a loss only with no potential for gain – pure risk is the only type of risk an insurance company is willing to accept 6 Insurance resulting from an interchange of reciprocal agreements of indemnity among persons known as subscribers 7 A shared market mechanism for drivers that present a higher risk than contemplated by private insurers and are assigned risks on this plan 8 Non-admitted insurance sold by surplus brokers for which there is no readily available coverage in the admitted market 9 An internal limit found in the insuring agreement that restricts coverage for certain perils or types of property 10 An insurance company that is operating in the different state where they were incorporated 8 7 9 10 4 1 5 2 6 3 1 The portion of the risk the insured retains that they are responsible to pay before any claim may be paid by the insurer 2 An insurance company that is operating in a different country than where they were incorporated 3 Describes a contract prepared by one party and submitted to the other party on a “take-it-or-leave-it basis” 4 Federal law regulates the collection, distribution, and use of consumer credit information 5 Authority that is not expressed or written into the contract, but the agent is assumed to have to transact the business of insurance for the principal 6 Arising from material, structural or operational features of the risk 7 A dishonest predisposition on the part of an insured which increases the chance of loss 8 Careless attitude that could increase the chance of loss 9 Refers to other insurance written on the same risk but not on the same coverage basis 10 - The original peril causing loss or damage and if the proximate cause of loss is covered, all subsequent loss is covered also 9 6 8 10 2 5 4 7 3 1

Virginia Insurance Basics Crossword

Mots Croisés

À propos de cette activité

Créé par

Téléchargez la version pour jouer sur papier

Top Jeux

Mots Mêlés

Los Cognados

Mots Croisés

Grey's Anatomy crossword

Mots Croisés

Country- flag crossword

Mots Croisés

Disney Characters

Mots Croisés

Taylor Swift Crossword

Mots Croisés

IATA Airport Codes I

Mots Croisés

Virginia Insurance Basics CrosswordVersion en ligne

par Zachary Fortuna

A contract in which unequal amounts or values are exchanged with premium paid by the insured smaller in relation to the amount that may be paid by the insurer for a loss

Describes an unclear word or term in a contract

Temporary insurance coverage issued by an insurer or agent that places insurance in effect prior to the policy being issued

The intentional misrepresentation or concealment of a material fact used to induce another party to make or refrain from making a contract or to deceive or cheat a party

Transfer of risk to an insurance company, which in turn spreads the costs of unexpected losses to many individuals

Compensation by an insurer to restore an insured to the same financial position they were at prior to loss - to make them whole again

Responsibility under the law when negligence is committed against a 3rd party

A form of insurance whereby one insurance company (the reinsurer) in consideration of a premium paid agrees to indemnify another insurance company (ceding company) for part or all its liabilities from insurance policies it has issued

Value recovered from the sale of damaged property of which the insurer has indemnified the insured in full due to a covered loss

A policy providing higher limits of liability and broader coverage than underlying policies, such as auto or homeowners

The acquisition by an insurer of an insured’s rights against any third party for indemnification of loss or other payment to the extent that the insurer pays the loss

Misrepresenting a policy with the intention of inducing a policy owner to change or replace an existing policy

-Method of calculating return premium when a policy is cancelled by the insured before the expiration date where the insurer charges a penalty for early cancellation

A response to a question or statement made by an applicant for insurance based on their reasonable belief of what is true

A person in the position of financial trust who must act in the best interest of all parties involved

A person who, for a fee, offers any advice, counsel, opinion, or service regarding the benefits, advantages, or disadvantages promised under a policy of insurance

The taking of property from another by using violence or the threat of violence

A building that has no contents, furnishing or occupants

The intentional act of relinquishing a known right, claim or privilege

The process of reviewing the information on applications for insurance – selecting, classifying, and pricing risks

A condition or situation which creates or increases the probability of or extent of a probable loss from a peril

The cause of loss insured against in an insurance policy

Extends coverage to any driver with expressed or implied consent of the named insured to use the insured auto

Temporary inundation of two or more acres of normally dry land or two or more properties including mudslides and mudflows

The section of an insurance policy that details what perils are not insured against and what persons are not insured

Tangible physical damage to buildings or personal property

A legal process that can be used to prevent a party to a contract from re-asserting a right or privilege after that right or privilege has been waived

The lessening of value of real and personal property due to age, wear/tear and other factors that reduce property value

An unfair trade practice in which an insurer uses physical or mental force to persuade an applicant to buy insurance

A process required to notify the Bureau of Insurance of all agents appointed for representation

A sudden, unplanned, and unexpected event, not under the control of the insured, resulting in injury or damage that is neither expected nor intended

In the event there is more than one insurance policy written on a piece of property, this provision states that each policy must pay its proportionate share of the loss in keeping with the principle of indemnity

A wrongful act or violation of someone’s rights that leads to legal liability - torts are classified as intentional or unintentional

Any inducement offered in the sale of insurance products that is not specified in the policy to include reductions in commissions, promises and/or personal services - the offer and acceptance are illegal

Open peril coverage on a covered auto such as fire, theft, vandalism, hitting a live animal, glass breakage, falling objects, etc. - subject to a deductible

The policy is terminated as of the effective date and all premium is returned as if the policy never existed

A printed addendum to a contract that is used to change the policy’s original terms, conditions, or coverages

The section of an insurance policy that indicates the general rules or procedures that the insurer and insured agree to follow under the terms of the policy

Visible signs of forced entry into another’s premises with felonious intent

Method of claim settlement used when the insured and insurer cannot agree upon the amount of loss to be paid

A single dollar amount of liability applying to the total of damages for bodily injury and property damage combined, resulting from one accident/ occurrence

The rental value of the property housing a tenant at the time of loss minus any expenses that do not continue

The authority a principal intends to grant to an agent by means of the agents written contract

the termination of an insurance policy at its expiration date by not offering a continuation of the existing policy or a replacement policy

Situations resulting in a loss only with no potential for gain – pure risk is the only type of risk an insurance company is willing to accept

Insurance resulting from an interchange of reciprocal agreements of indemnity among persons known as subscribers

A shared market mechanism for drivers that present a higher risk than contemplated by private insurers and are assigned risks on this plan

Non-admitted insurance sold by surplus brokers for which there is no readily available coverage in the admitted market

An internal limit found in the insuring agreement that restricts coverage for certain perils or types of property

An insurance company that is operating in the different state where they were incorporated

The portion of the risk the insured retains that they are responsible to pay before any claim may be paid by the insurer

An insurance company that is operating in a different country than where they were incorporated

Describes a contract prepared by one party and submitted to the other party on a “take-it-or-leave-it basis”

Federal law regulates the collection, distribution, and use of consumer credit information

Authority that is not expressed or written into the contract, but the agent is assumed to have to transact the business of insurance for the principal

Arising from material, structural or operational features of the risk

A dishonest predisposition on the part of an insured which increases the chance of loss

Careless attitude that could increase the chance of loss

Refers to other insurance written on the same risk but not on the same coverage basis