Insurance for Business
Across
- 1. compensates a business for the loss of income during the time which repairs are being made to the damage property
- 5. refers to a business refusing to engage in a particularly hazardous activity
- 6. white-collar crime occurring when someone intentionally deceives another about an insurance matter to receive money or other benefits not rightfully
- 10. protects against damages for which the insured may be held legally responsible; includes fidelity bonds, performance bonds and credit insurance
- 11. amount or type of protection provided by an insurance policy for the business
Down
- 2. protects businesses from losses on credit extended to customers
- 3. process by which you consider all possible risks and determine which are the most significant for a particular business
- 4. wide variety of insurance coverage which can reduce, mitigate or compensate for exposure to risk for the business or its employees
- 7. is anything which may cause possible loss
- 8. is the probability, amount or type of possible loss incurred and covered by an insurer
- 9. is the failure to take ordinary or reasonable care to prevent accidents from happening