Chapter 33.1 Key Terms Created by: Jayden Gossar
Across
- 4. a paid protection against loss due to injury or property damage.
- 5. cannot be controlled
- 6. threat of a loss with no opportunity for gain.
- 7. the systematic process of managing risk.
- 9. the possibility of loss or injury.
- 10. the risk of harm caused by human mistakes.
- 11. the possibility of a catastrophe caused by a flood or tornado.
Down
- 1. risk that meets an insurance company's criteria.
- 2. a risk that is unacceptable to insurance companies.
- 3. occurs when conditions can be controlled to minimize the chance of harm.
- 8. occurs when there is likelihood of economic loss.