Chapter 33.1 Key Terms Created By: James Couch

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Across
  1. 3. possibility of catastrophe caused by a natural disaster
  2. 5. threat of loss with no opportunity for gain
  3. 7. systemic process of managing risk to achieve your objectives
  4. 9. paid protection against loss due to injury or property damage
  5. 10. when conditions could be controlled to minimize the chance of harm
  6. 11. likelihood of economic loss
Down
  1. 1. risk of harm due to human mistakes
  2. 2. meets insurance company's criteria for insurance coverage
  3. 4. possibility of loss or injury
  4. 6. can not be controlled
  5. 8. unacceptible risk to insurance carriers due to likelihood of loss being too high