Across
- 5. making some changes in your lifestyle can reduce your chance of having heart disease.
- 7. a condition that poses unknowable or unacceptable risk of loss or a situation in which the insurance would be against the law
- 9. a risk that meets the ideal criteria for efficient insurance. The concept of insurable risk underlies nearly all insurance decisions.
- 10. also called absolute risk, is a category of threat that is beyond human control and has only one possible outcome if it occurs: loss
- 11. arise from the four D's: disagreement, divorce, death, or disability of an essential owner, manager, or employee.
Down
- 1. is the chance that macroeconomic conditions like exchange rates, government regulation, or political stability will affect an investment, usually one in a foreign country.
- 2. The chances of loss from various factors that can be reduced or avoided altogether.
- 3. a practice or arrangement by which a company or government agency provides a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a premium.
- 4. are naturally occurring physical phenomena caused either by rapid or slow onset events which can be geophysical
- 6. the forecasting and evaluation of financial risks together with the identification of procedures to avoid or minimize their impact.
- 8. a situation involving exposure to danger.