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