Chapter 33.1 Key Terms Created By: Nathan Patrick

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