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ACSR 322 - Coverage Inquiries

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Across
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____ _____ is coverage that insures against direct physical loss unless the loss is excluded or limited by the policy
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interest that may accrue on damages before a judgment has been rendered
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Money claimed by or monetary award to a party who has suffered loss or injury for which another party is legally responsible.
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Termination of a policy by either the insurer or the insured during the policy term
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A portion of a covered loss that is not paid by the insurer
Down
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An accident, including continuous or repeated exposure to substantially the same general harmful conditions
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Net income that results when revenues exceed expenses
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Process an insurer can, after it has paid a loss, to recover the amount paid from any party, other than insured, who caused the loss or is legally labile for the loss
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_____ _____ is optional coverage that suspends the coinsurance condition
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Method of resolving disputes between insurer and insured over the amount owed on a covered loss