Chapter 33.1 Key Terms Created By: Ashley Gallo

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