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