Across
- 4. The possibility of loss, damage, or injury, either predictable or unpredictable.
- 5. A percentage of the cost of a service that the policyholder must pay.
- 7. The amount a policyholder pays out of pocket before insurance coverage begins.
- 11. Advance approval from an insurance plan for certain medical services.
- 12. Shifting the risk to another party, typically through insurance.
- 14. A service or condition not covered by an insurance policy.
- 15. A method of risk management that involves eliminating the risk entirely.
- 16. A legal risk involving the potential for losing money due to lawsuits or legal responsibilities.
- 17. Government-provided health insurance for those 65 and older or with certain disabilities.
Down
- 1. A financial service that provides protection against specific types of loss or risk.
- 2. Accepting the risk and preparing financially for possible loss.
- 3. A risk that affects personal or real property, like a house fire or car theft.
- 6. Insurance Insurance that protects personal belongings in a rented property.
- 8. A state and federally funded insurance program for low-income individuals and families.
- 9. A risk that directly affects an individual, such as illness or disability.
- 10. The regular payment made to an insurance company for coverage.
- 13. A strategy to minimize the impact or chance of a risk occurring.
