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