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PFM Chapter 21 Review

Mrs. Julie Nordin
Across
The chance of loss or harm to personal or real property.
A discount from insuring more than one vehicle or more than one type with the same company.
A chance of loss with no chance for gain.
The process of putting the policyholder back in the same financial condition he or she was in before a loss occurred.
A pure risk that is faced by a large number of people and for which the amount of the loss can be predicted.
Down
A risk that may result in either gain or loss.
A risk that my result in gain or loss because of changing economic conditions.
A financial interest in life or property.
The specified amount of a loss that the insured must pay.
A fee paid by the policyholder at regular intervals to the insurer for insurance.