Across
- 4. Paid protection against loss due to injury or property damage.
- 8. The possibility of a catastrophe by flood, tornado, hurricane, drought, or earthquake.
- 10. The systematic process of managing risk to achieve one’s objectives.
- 11. Risk that meets and insurance company's criteria for insurance coverage.
Down
- 1. Risk of harm caused by a human mistake.
- 2. Threat of loss with no opportunity for gain.
- 3. Risk that occurs when there is likelihood of economic loss.
- 5. Risk that occurs when conditions can be controlled to minimize the chance of harm.
- 6. Risk that is unacceptable to insurance carriers because the likelihood of loss is too high.
- 7. Risk that cannot be controlled.
- 9. Possibility of loss or injury.