chapter 33.1 created by Liam Combs

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