Risk Management

6. risk Situation where there is a chance of either loss or no loss, but no chance of gain
7. risk Insurance industry term for a situation where the possibility of either a financial loss or a financial gain exists
9. bonds A bond issued by a bank or other financial institution, guaranteeing the fulfillment of a particular contract.
10. Entry into a building illegally with intent to commit a crime
11. insurance writer An insurance agent or insurance company that only issues insurance policies from a single insurance company.
12. Failure to use reasonable care, resulting in damage or injury to another.
14. Unashamed swindling or overcharging
15. An amount to be paid for an insurance policy.
16. interruption insurance Insurance coverage against potential losses as a consequence of having to close a business for insurable reasons

1. insurance agent Sell a variety of insurance and financial products, including property insurance and casualty insurance, life insurance, health insurance, disability insurance, and long-term care insurance.
2. bonds A form of insurance protection that covers policyholders for losses that they incur as a result of fraudulent acts by specified individuals.
3. compensation A form of insurance required from employers that provides money as compensation for workers who are injured at work or contract an occupational disease
4. credit authorized To grant authority or power to.
5. insurance Insurance against claims following negligence by a company's employees who cause injury to people or damage to property
8. insurance provides a professional service, regularly gives advice, is required by its clients to have E&O insurance.
13. liability insurance Policy that pays for any damage or injury (within the limits of the cover provided) resulting from the use of the goods or services.