Chapter 33.1 key Terms Created by: Adriene Martin

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