Chapter 33.1 Key Terms Created by: Miriam Leal
Across
- 2. Harm caused by human mistakes,dishonesty, or another risk that is attrebuted to people
- 3. Likelihood of economic loss
- 5. Cannot be controlled
- 8. unacceptable to insurance carriers because the likelohood of loss is too high
- 9. Catastrophe caused by a flood,tornando,hurricane,fire,lighting,drought,or earthquake
- 10. Possibility of loss or injury
- 11. Paid protection against loss due to injury or property damage
Down
- 1. Meets an insurance company's crieria for insurance coverage
- 4. Conditions can be controlled to minumize the chance of harm
- 6. Managing risk to achieve your objectives
- 7. The threat of a loss with no opportunity forn gain