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