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