5.02 Vocabulary

3. A type of risk that cannot be controlled or reduced by actions.
5. A type of personnel insurance that pays the amount of the insurance policy upon the death of the insured.
7. A type of risk that occurs when conditions can be controlled to lessen the chance of harm.
9. Covers cost of extended and specialized care out of the hospital such as medicine and special nursing care.
12. Covers all or part of the surgeon's fees for an operation.
14. Classified as medical insurance.Covers for most or all of the charges during a stay in the hospital.
16. A type of risk that may result in the embarrassment or inconvenience without financial impact.
17. A type of risk that is a threat of a loss without an opportunity for gain.

1. Result in personal losses
2. A type of personnel insurance that provides payments to employees who are unable to work for an extended period due to serious illness or injury.
4. The systematic process of managing risk to achieve set objectives.
6. Covers fees for nonsurgical care given in the doctor's office, the patient's home, or a hospital.
8. Harm or injury to other people on their property because of your actions
10. Loss of personal or business property including money, buildings, and vehicles.
11. A type of risk that offers the chance to experience gain or loss.
13. An exchange of potential future losses for a smaller payment.
15. The possibility of incurring a loss.