Chapter 33.1 Key Terms Created by: Halie Collins
Across
- 3. paid protection against loss due to injury or property damage
- 7. when conditions can be controlled or minimize the amount of harm done
- 8. a risk that does not meet the criteria of an insurance company and you receive coverage
- 10. harm caused by a human
- 11. the possibility of a natural occurrence
Down
- 1. possibility of lost or injury
- 2. a risk that cannot be controlled
- 4. a risk that meets the criteria of an insurance company and you receive coverage
- 5. a risk with loss with no gain
- 6. when there is a likelihood of economic loss
- 9. process of managing risk to achieve your objectives