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