Chapter 33.1 Key Terms Created by Seth Ragon

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Across
  1. 5. Risk that meets an insurance company's criteria for insurance coverage.
  2. 8. Cannot be controlled
  3. 11. A risk that is unacceptable to insurance carriers because the likely hood of loss is too high.
Down
  1. 1. Occurs when there is likelihood of economic loss.
  2. 2. The possibility of a catastrophe caused by a natural disaster.
  3. 3. The systemic process of managing risk to achieve your objectives
  4. 4. Occurs when conditions can be controlled to minimize the chance of harm.
  5. 6. The risk of harm caused by humans mistakes, dishonesty or another risk that is attributed to people.
  6. 7. The threat of a loss with no opportunity for gain.
  7. 9. The possibility of loss or injury
  8. 10. paid protection against loss due to injury or protection damage.