Chapter 33.1 Key Terms Created By: De'Kavion Hersley
Across
- 4. paid protection against loss due to injury or property damage
- 5. the systemic process of managing risk
- 8. when conditions can be controlled to minimize risk
- 9. risk that meets an insurance company's criteria
- 10. the possibility of loss or injury
- 11. the likelihood of economic loss
Down
- 1. threat of loss with no opportunity for gain
- 2. risk that can not be controlled
- 3. risk of harm caused by humans
- 6. the possibility of damage caused by nature.
- 7. unacceptable risk due to the high loss chance