Chapter 33.1 key terms created by Eli Abner

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