Across
- 5. Risk that meets an insurance company's criteria for insurance coverage.
- 8. Cannot be controlled
- 11. A risk that is unacceptable to insurance carriers because the likely hood of loss is too high.
Down
- 1. Occurs when there is likelihood of economic loss.
- 2. The possibility of a catastrophe caused by a natural disaster.
- 3. The systemic process of managing risk to achieve your objectives
- 4. Occurs when conditions can be controlled to minimize the chance of harm.
- 6. The risk of harm caused by humans mistakes, dishonesty or another risk that is attributed to people.
- 7. The threat of a loss with no opportunity for gain.
- 9. The possibility of loss or injury
- 10. paid protection against loss due to injury or protection damage.