Risk Management Vocabulary

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Across
  1. 2. Illegal uses of intellectual property, patents, trademarks, and copyrights
  2. 4. The person or business for which the insurer assumes the risk
  3. 6. The amount a policyholder must pay for insurance coverage
  4. 7. The exclusive rights to posses and use property and its profits
  5. 11. A risk that you can reduce or eliminate by actions you take
  6. 12. A company that agrees to take on certain economic risks and to pay for losses if they occur
  7. 14. A risk that results in personal losses such as health and personal well being
Down
  1. 1. A policy stating the conditions to which the insurance company and policy-holder have agreed
  2. 3. The possibility of incurring a loss
  3. 5. A risk that can result in financial loss, including personal risk
  4. 6. A risk that can result in loss of personal or business property
  5. 7. A risk that present the chance of loss but no opportunity for gain
  6. 8. A risk that relates to harm or injury to other people or their property due to your actions
  7. 9. The person or company paying for the policy
  8. 10. A form of risk protection that exchanges the uncertainty of a possible large financial loss for a certain smaller payment
  9. 13. A policyholder's request for payment for a loss that the insurance policy covers.