Chapter 33.1 Key Terms Created by: Mauricio Aragon

12345678910
Across
  1. 2. Risk is a risk that meets an insurance company's criteria for insurance coverage
  2. 4. Risk occurs when there is likelihood of economic loss.
  3. 5. Risk is the threat of a loss with no opportunity for again
  4. 7. Risk is the possibility of a catastrophe caused by a flood, tornado,hurricane,fire,lighting,drought,or earthquake.
  5. 9. Risk occurs when conditions can be controlled to minimize the chance of harm
Down
  1. 1. Risk cannot be controlled
  2. 3. Risk is a risk that is unacceptable to insurance carriers because the likelihood of loss to high
  3. 6. Risk is the risk of harm caused by human mistakes dishonesty, or another risk that is attributed
  4. 8. is paid protection against loss due to injury or property damage
  5. 10. Management is the systemic process of managing to achieve your objectives