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Life Insurance Crossword

Across
Insurance sold directly to the insured by an insurance company through its own employees by mail or over the counter.
A statement or proof of your health, finances or job, which helps the insurer decide if you are an acceptable risk for life insurance.
A life insurance policy under which the company agrees to distribute to policyowners the part of its surplus that its Board of Directors determines is not needed at the end of the business year. The distribution serves to reduce the premium the policyowners had paid.
The person named in the policy to receive the insurance proceeds at the death of the insured.
For persons related by blood, a substantial interest established through love and affection, and for all other persons, a lawful and substantial economic interest in having the life of the insured continue.
Down
A statement of information made by a person applying for life insurance. It helps the life insurance company assess the acceptability of risk.
The amount available in cash upon voluntary termination of a policy by its owner before it becomes payable by death or maturity.
A comparison form required by New York Department of Financial Services Regulations to be given to every applicant considering replacing one life insurance policy with another.
A life insurance policy in which the company does not distribute to policyowners any part of its surplus.
The rate at which life insurance policies terminate because of failure to pay the premiums.