Chapter 33.1 Key terms Created By Hunter Jenkins

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