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