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