Key terms created by BT

Edit Answers
1234567891011
Across
  1. 3. a risk that meets an insurance criteria for insurance coverage
  2. 5. when conditions can be controlled to minimize the chance of harm
  3. 7. a risk that is unacceptable to insurance carriers because the likelihood of loss is too high
  4. 8. the threat of a loss with no opportunity for gain
  5. 10. the possibility of a catastrophe caused by a flood, tornado, hurricane, fire, lightning, drought, or earthquake
  6. 11. the risk of harm caused by human mistakes, dishonesty, or another risk that is attributed to people
Down
  1. 1. when there is a likelihood of economic loss
  2. 2. can not be controlled
  3. 4. the best possibility of loss or injury
  4. 6. the systematic process of managing risk to achieve your objectives
  5. 9. paid protection against loss due to injury or property damage.