Chapter 33.1 Key Terms Created by: Marianne Ortega

1234567891011
Across
  1. 1. The risk of harm caused by human mistakes, dishonesty, or another risk that is attributed to people.
  2. 5. Risk that cannot be controlled.
  3. 6. The possibility of a catastrophe caused by a flood, tornado, hurricane, fire, lighting, drought, or an earthquake.
  4. 7. When there is a likelihood of economic loss.
  5. 10. A risk that meets an insurance company's criteria for insurance coverage.
  6. 11. The possibility of loss or injury.
Down
  1. 2. A risk that is unacceptable to insurance carries because the likelihood of loss is too high.
  2. 3. Occurs when conditions can be controlled to minimize the chance of harm.
  3. 4. The systemic process of managing risk to achieve your objectives.
  4. 8. Paid protection against loss due to injury or property damage.
  5. 9. That threat of a loss with no opportunity for gain.