Chaoter 33.1 Key Terms Created By: Maegan Dover

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