Chapter 33.1 Key Terms Created By: Kelly Briseno

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