Across
- 2. is paid protection against loss due to injury or property damage
- 6. is the risk of harm caused by human mistakes, dishonesty, or another risk that is attributed to people
- 8. risk that meets an insurance company criteria for insurance coverage
- 9. cannot be controlled
- 10. is the threat of a loss with no opportunity for gain
- 11. is the possibility of loss or injury
Down
- 1. occurs when conditions can be controlled to minimize the chance of harm
- 3. is the possibility of a catastrophe casued by a flood, tornado, hurricane, fire, lighting, drought, or earthquake
- 4. is a risk that is unacceptable to insurance carriers because the likelihood of loss is too high
- 5. is the systemic process of managing risk to achieve your objectives
- 7. occurs when there is likelihood of economic loss