Across
- 2. A risk that meets an insurance company’s criteria for insurance coverage
- 3. Paid protection against loss due to injury or property damage
- 6. the risk of harm caused by human mistakes
- 7. A risk that is unacceptable to insurance carriers because the likelihood of loss it too high
- 8. A risk that cannot be controlled
- 10. When there is a likelihood of economic loss
- 11. The possibility of loss or injury
Down
- 1. Is the threat of a loss with no opportunity for gain
- 4. When conditions can be controlled to minimize the chance of harm
- 5. ks the possibility of a catastrophe caused by a flood,tornado,hurricane,fire,lightning,drought or earthquake
- 9. The systemic process of managing risk to achieve your objectives