Chapter 33.1 Key terms created by Christian Sizemore

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