1. Insurance By: debshoganteaching
Business Bingo
Insurance
By: debshoganteaching

2. Pick 9 terms from the Table Below
Draw a Table with 9 Cells
Pick 9 terms from the Table Below
The 1st one to cross off all nine terms WINS!!
Policy
Insurable
interest
Agent
Insurer
Claim form
Indemnity
Risk
Actuary
Proposal form
Assessor
Subrogation
Premium
Contribution
Utmost good faith
Excess clause
Insurance
Broker
Under Insurance
Insured
Life Assurance
Comprehensive
Term life
assurance
Whole life assurance
Endowment
Assurance

3. Definitions The contract for insurance
You must benefit from an items existence and suffer by its loss
Calculates the amount of compensation due if you have a claim
The application form to be filled out before you get insurance
Works for one insurance company only
Works for him/herself and shops around many companies to get the best deal
You cannot make a profit out of insurance

4. The person who calculates the amount of the premium
This rule states that after compensation has been paid, any property still remaining becomes the property of the insurance company
The insurance company
You need to fill out this if you have an accident or loss

5. The amount of the premium is based on this
You must tell the truth when filling out a proposal form
If your house is insured with two companies and you make a claim, you will only receive a portion from each
The fee for insurance
Protection against possible loss
The person who pays for insurance

6. Answers Policy Insurable interest Assessor Proposal form Agent Broker
Indemnity
Actuary
Subrogation
Insurer

7. Claim form
Risk
Utmost good faith
Contribution
Premium
Insurance
Insured