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