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