Chapter 33.1 by: Ashley Sargent

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