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