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