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