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