Across
- 4. this risk you can reduce or eliminate by your actions
- 8. this risk can lead to loss of personal or business property
- 10. illegal uses of intellectual property, patents, trademarks, and copyrights
- 11. the person or company buying the policy
- 13. a policy stating the conditions which the insurance company and the policy holder have agreed
- 14. the possibility of incurring a loss
Down
- 1. a company tha agrees to take on certain economic risks and to pay for losses if they occur
- 2. a policyholders request for payment for a loss that the insurance policy covers
- 3. this risk that can result in personal loss
- 5. this risk can result in financial loss
- 6. the amount a policyholder must pay for coverage
- 7. a form of risk protection that helps reduce large financial loss
- 8. this risk presents the chance for loss but no chance for gain
- 9. the person or business for which the insurer assumes the risk
- 11. exclusive rights to possess and use property
- 12. this risk relates to harm or injury of other people or their property because of your actions