Chaoter 33.1 Key Terms Created By: Maegan Dover
Across
- 3. possibility if loss or injury
- 6. systemic process of managing risks to acheive objectives
- 8. occurs when conditions can be controlled to minimize the chance of harm
- 10. meets insurance company's criteria for insurance coverage
- 11. threat of loss with no opportunity for gain
Down
- 1. occurs when there is liklihood of economic loss
- 2. cannot be controlled
- 4. paid protection against loss due to injury or property damage
- 5. unacceptable to insurance carriers because the liklihood of loss is too high
- 7. risk of harm caused by human mistakes
- 9. possibility of catastrophe caused by natural occurance