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