Chapter 33.1 Key Terms Created by: Devon Staggs

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