Across
- 3. the threat of a loss without opportunity for gain
- 5. occurs when conditions can be controlled to minimize the chance of harm
- 7. a risk that is unacceptable to insurance carriers because the likelihood of loss is too high
- 9. the systemic process of managing risk to achieve your objectives
- 10. a risk that meets an insurance company's criteria for insurance coverage
Down
- 1. a paid protection against loss due to injury or property damage
- 2. possibility of loss or injury
- 4. risk that can't be controlled
- 6. the possibility of a catastrophe caused by a flood, tornado, hurricane, fire, lightning, drought, or earthquake
- 8. occurs when there is likelihood of economic loss