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