Across
- 3. occurs when conditions can be controlled to minimize the chance of harm
- 8. risk of harm caused by human mistakes
- 9. risk that is unacceptable to insurance carriers because the likelihood of loss is too high
- 11. risk that meets an insurance company's criteria for insurance coverage
Down
- 1. Cannot be controlled
- 2. systemic process of managing risk to achieve your objectives
- 4. occurs when there is likelihood of economic loss
- 5. possibility of loss or injury
- 6. threat of a loss w/ no opportunity for gain
- 7. possibility of a catastrophe caused by a natural disaster
- 10. paid protection against loss due to injury or property damage