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