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