Across
- 6. Occurs when there is likelihood of economic loss.
- 7. Cannot be controlled.
- 8. Is the threat of a loss with no opportunity for gain.
- 9. Is the possibility of loss or injury.
- 10. Is the systematic process of managing risk to achieve our objectives.
Down
- 1. Is a risk that meets an insurance company's criteria for insurance coverage.
- 2. Occurs when conditions can be controlled to minimize the chance of harm.
- 3. Is a risk that is unacceptable to insurance carriers because the likelihood of loss is to high.
- 4. Is paid protection against loss due to injury or property damage.
- 5. Is the possibility of catastrophe caused by a tornado,hurricane,fire,drought,or earthquake.