Chapter 33.1 Key Terms Created by: Montana Crossman

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