Chapter 33.1 Key Terms Created by: Kylie Bishop
Across
- 2. Paid protection against loss due to injury or property damage.
- 5. When there is likelihood of economic loss.
- 9. A risk that is unacceptable to insurance carriers because the likelihood of loss is too high.
- 10. Can not be controlled.
Down
- 1. the possibility of a catastrophe caused by a flood, tornado, hurricane, fire, lightning, drought, or earthquake.
- 3. When conditions can be controlled to a minimize the chance of harm.
- 4. The possibility of loss or injury.
- 6. A risk that meets an insurance company's criteria for insurance coverage.
- 7. is the treat of a loss with no opportunity for gain.
- 8. The risk of harm caused by human mistakes, dishonesty, or another risk that is attributed to people.