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