Across
- 1. the possibility of a catastrophe caused by a flood, tornado, hurricane, fire, lighting, drought, or earthquake
- 3. paid protection against loss due to injury or property damage
- 4. the threat of loss with no opportunity for gain
- 6. can be controlled
- 9. risk that meets an insurance company's criteria for insurance coverage
- 10. when there is likelihood of economic loss
- 11. the possibility of loss or injury
Down
- 2. risk that is unacceptable to insurance carriers because of the likelihood of loss is too high
- 5. risk of harm caused by human mistakes
- 7. when conditions can be controlled to minimize the chance of harm
- 8. the systemic process of managing risk to achieve your objectives