Chapter 33.1 Key Terms Created By: Kaylee Tudor

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Across
  1. 4. they systematic process of managing risk to achieve your objectives
  2. 5. a risk that is unacceptable to insurance carriers because the likelihood of loss is too high
  3. 8. a risk that cannot be controlled
  4. 9. paid protection against loss due to injury or property damage
  5. 10. the possibility of loss or injury
  6. 11. the possibility of a catastrophe caused by a flood, tornado, hurricane, fire, lightning, drought, or earthquake
Down
  1. 1. the risk of harm caused by human mistakes
  2. 2. risk the treat of a loss with no opportunity for gain
  3. 3. occurs when conditions can be controlled to minimize the chance of harm.
  4. 6. a risk that meets an insurance company's criteria for insurance coverage
  5. 7. occurs when there is a likelihood of economic loss