33.1 key terms created by: Judah Boyd

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