Risk Management Vocab

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Across
  1. 1. the exclusive rights to possess and use property and its profits
  2. 4. the person or business that takes the risk
  3. 5. a risk that has no opportunity for gain
  4. 6. The person or company buying the policy
  5. 10. a risk that can involve the loss of personal or business property
  6. 11. illegal use of intellectual property, patents, trademarks,and copyrights
  7. 12. a policyholder request for payment for a loss they cover
  8. 13. a risk that involves injury or harm
  9. 14. a risk that can involve a financial loss
  10. 15. the possibility of incurring a loss
Down
  1. 2. is a form of risk protection
  2. 3. a policy stating the terms of an insurance company
  3. 6. a risk that can involve a personal loss
  4. 7. a company that agrees to take on a certain economic risk
  5. 8. a risk you can control
  6. 9. is the amount the policyholder must pay for insurance coverage