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