Match each of the phrases on the left with an appropriate explanation on the right. Five of the phrases have more than one explanation. Fill in the grid below.
| 1.
| insurance
| a.
| agreement that in return for regular small payments, a company will pay compensation for loss, damage, injury, death
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| 2.
| insurance claim
| b.
| independent firm who asses the damage to property
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| 3.
| insurance premium
| c.
| person who calculates losses for an insurance company
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| 4.
| depreciation
| d.
| policy which covers all possible normal dangers with the exception of war, Act of God, etc.
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| 5.
| underwriters
| e.
| person who is insured by an insurance company
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| 6.
| adjusters
| f.
| rate payable for an insurance policy
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| 7.
| all-risks policy
| g.
| system of protection against loss in which a number of individuals agree to pay certain sums for a guarantee that they will be compensated for any specified loss by fire, accident, death, etc.
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| 8.
| policy holder
| h.
| person or agent who underwrites insurance
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| 9.
| take out a policy
| i.
| reduction in value, writing down the capital value of an asset over a period of time in a company’s accounts
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| 10.
| premium
| j.
| sign the contract for an insurance and start paying the premiums
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| k.
| insurance which covers all risks
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| l.
| asking an insurance company to pay compensation for damage
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| m.
| people who take the risks of insurance; if there are no claims they make a profit; if there are a large number of claims, they make a loss.
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| n.
| decrease of value of property through wear, deterioration or going out of use
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| o.
| payment made by the insured person to the users
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| 1.
| 2.
| 3.
| 4.
| 5.
| 6.
| 7.
| 8.
| 9.
| 10.
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| A, …
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