BME Chapter 33.1 Work Packet -the Basics of risk Management

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Across
  1. 2. risk is the risk of harm caused by human mistakes, dishonesty, or another risk that is attributed to people.
  2. 4. risk cannot be controlled.
  3. 9. risk is a risk that is unacceptable to insurance carries because the likelihood of loss is too high.
  4. 10. risk occurs when there is likelihood of economic loss.
Down
  1. 1. risk is a risk that meets an insurance company's criteria for insurance coverage.
  2. 3. risk is the thrat of a loss with no opportunity for gain.
  3. 5. risk occurs when conditions can be controlled to minimize the chance of harm.
  4. 6. risk is the possibility of a catastrohe caused by a flood, tornado, hurricane, fire, lightning, drought, or earthquake.
  5. 7. management is the systemic process of manaing risj to achieve your objectives.
  6. 8. is paid protection against loss due to injury or property damage.