Page 7 - Insurance Glossary 100 Terms - Sashi Publications

Crisis Management: The process of

handling sudden and significant negative

events affecting an organization.

Cyber Risk: The risk of financial loss,

disruption, or damage from a failure of

information technology systems.

Death Benefit: The amount paid to the

nominee/beneficiary in case of the

policyholder's death.

Deductible: The amount that the insured

must pay out of pocket before the insurer

pays.