Chapter 33.1 Key Terms Created By: Ethan Hawkins

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