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