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