Chapter 33.1 Key Terms Created by: Raul Jimenez

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