33.1 Key Terms Created by: Abby Schmidt
Across
- 6. The systemic process of managing risk to achieve your objectives.
- 7. Risk that cannot be controlled to minimize the chance of harm.
- 11. Risk that involves the likelihood of economic loss.
Down
- 1. paid coverage against loss do to injury or property damage.
- 2. The chance of risk caused by natural catastrophe.
- 3. Risk that can be controlled to minimize the chance of harm.
- 4. Risk that is unacceptable to insurance carriers because the likelihood of loss is too high.
- 5. A risk that meets an insurance company's criteria for insurance coverage.
- 8. The threat of a loss with no opportunity for gain.
- 9. The risk of harm caused by human mistakes, dishonesty, or another risk that is attributable to people.
- 10. The possibility of loss or injury.