Across
- 2. Paid protection against loss due to injury or property damage.
- 3. Possibility of loss or injury.
- 4. Cannot be controlled
- 9. Risk caused by human mistakes, dishonesty, or another risk that is attributed to people.
- 10. When there is a likelihood of economic loss.
Down
- 1. The threat of loss with no opportunity for gain.
- 4. Risk that is unacceptable to insurance carries because the likelihood of loss is too high.
- 5. When conditions can be controlled to minimize the chance of harm.
- 6. Possibility of a catastrophe caused by a flood, tornado, hurricane, fire, lightning, drought, or earthquake.
- 7. Systemic process of managing risk to achieve your objectives.
- 8. Risk that meets an insurance company's criteria for insurance coverage.