Across
- 4. A risk that can lead to loss of personal or business property including money, vehicles, and buildings
- 5. Illegal uses of intellectual property, patents, trademarks, and copyrights
- 9. A policy starting the conditions to which the insurance company and the policy holder have agreed
- 11. A risk that you can reduce or eliminate by actions you take
- 13. The amount a place holder must pay for insurance coverage
- 14. A risk that presents that change of loss but no opportunity for gain
- 15. The person or business for which the insurer assumes to risk
Down
- 1. A form of risk protection that exchanges the uncertainty of a possible large financial loss for a certain smaller payment
- 2. The person or company buying the policy
- 3. The exclusive rights to possess and use property and its profit
- 6. A risk that can result in financial loss, including personal risk, property risk, and liability risk
- 7. A place holder's request for payment for a loss that the insurance policy covers
- 8. The possibility of incurring a loss
- 10. A risk that relates to harm or injury to other people or their property because of your actions
- 12. A company that agrees to take on certain economic risk and to pay for losses if they occur