33.1 Key Terms Created by:Edgardo Torres

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