Risk managment

1. policy holders request for payment for a loss that the insurance company policy covers
3. the exclusive rights to posses and use property and its profits
4. A risk that can reduce or cause harm or injury to other people or their property
5. the amount a policyholder must pay for insurance company
7. The possibility of incuring loss
8. a risk that can result in financial loss
14. a risk that you can reduce or eliminate by actions you take
16. the person or buisness for which the insurer assumes the risk

2. A policy stating the conditions to which the insurance company and the policy holder has agreed
5. a risk that can result in personal losses
6. a company that agrees to take on certain economic risk and to pay for losses if they occur
9. A form of risk protection that exchanges the
10. a risk that presents the chance of loss but no oppurtunity for gain
11. the person or company buying the policy
12. a risk that can lead to loss of personal or business property
13. Illegal uses of intectuall property,patents,trademarks,copy rights
15. of possible larger financial loss for a certain smaller payment