Across
- 4. Occurs when conditions can be controlled to minimize the chance of harm
- 6. The possibility of loss or injury
- 7. The sytematic process of managing risk to achieve your objectives
- 10. A risk that is unacceptable to insurance carriers because of the likelihood of loss is too high
- 11. The threat of a loss with no opportunity for gain
Down
- 1. Paid protection agianst loss due to injury or property damage
- 2. A risk that cannot be controlled
- 3. A risk that meets and insurance comypany's criteria for insurance coverage
- 5. The possibility of a catastrophe caused by a flood, tornado, fire, lightning, drought, or earthquake
- 8. Occurs when there is likelihood of economic loss
- 9. The risk of harm caused by human mistakes, dishonesty, or other risks attributed to people