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Guess the Word / Financial and Insurances

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  • Official permission given by the insurance company before repairs or payments.
    Approval
  • The types of damage or losses that your insurance will pay for.
    Coverage
  • Small flat pieces that cover a roof to protect it from weather. They can be made of asphalt, wood, metal, or other materials.
    Shingles
  • Adjuster
    A professional who inspects damage and decides how much the insurance company should pay.
  • A professional or company hired to repair or build something.
    Contractor
  • The top part of a house that protects it from rain, snow, and sunlight.
    Roof
  • A person or organization that has an interest in a company's success.
    Stakeholder
  • Damage caused by leaking pipes, flooding, or heavy rain.
    Water Damage
  • A measurement used to evaluate how well a company or employee is performing.
    KPI
  • Deductible
    The amount you pay yourself before your insurance company starts paying.
  • The percentage of revenue that becomes profit.
    Profit Margin
  • A situation or type of damage that the insurance policy does not cover.
    Exclusion
  • The material that covers the outside walls of a house.
    Siding
  • The movement of money coming into and going out of a business.
    Cash Flow
  • Inspection
    A careful examination of a property to evaluate damage.
  • A financial plan that estimates income and expenses.
    Budget
  • The total amount of money a company earns before expenses.
    Revenue
  • A measurement that shows how profitable an investment is.
    ROI (Return on Investment)
  • The money a company keeps after paying all its expenses.
    Profit
  • The amount of money you pay regularly to keep your insurance active.
    Premium
  • Damage caused by small balls of ice falling during a storm.
    Hail Damage
  • A formal request asking an insurance company to pay for a covered loss.
    Claim
  • A prediction of future sales, revenue, or business performance.
    Forecast
  • The money a business spends to operate
    Expenses
  • A legal contract that explains what an insurance company will and won't cover.
    Policy
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