Chapter 33.1 Key Terms Created by: Brendan Hargis

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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. 5. A risk that is unacceptable to insurance carriers because the likelihood of a loss is too high
  3. 8. Cannot be controlled
  4. 10. A paid protection against loss due to injury or property damage
Down
  1. 1. Systemic process of managing risk to achieve your objectives
  2. 3. Risk thay meets an insurance company criteria for insurance coverage
  3. 4. Occurs when conditions can be controlled to minimize the chance of harm
  4. 6. Occurs when there is likelihood of economic loss
  5. 7. The threat of a loss with no opportunity for gain
  6. 9. The possibility of loss or injury