Across
- 1. A pool of money that each participant contributes to this pool by a small amount of money
- 4. A situation that results in a loss or no loss
- 7. A strategy designed to reduce risk by spreading across the investments
- 8. Decisions about whether or how to protect against risks
- 9. Certain activities that reduce how often the risk occurs and how much loss it causes
- 11. If the risk is very likely and the consequence may be very serious then we may use this method
Down
- 2. A situation that can generate either a loss or a gain
- 3. Useful and valuable things that we own
- 5. A contract signed between the insured and the insurance company
- 6. It covers healthcare expenses incurred by us
- 10. A situation involving harm or loss
