Chapter 33.1 Key Terms Created by: Tiffany Lee

1234567891011
Across
  1. 3. _____ risk is the possibility of a catastrophe caused by a flood, tornado, hurricane, fire, lightning, drought, or earthquake.
  2. 4. ______ Risk occurs when there is likelihood of economic loss.
  3. 6. The possibility of loss or injury.
  4. 7. _____ risk the risk of harm caused by human mistakes, dishonesty, or another risk that is attributed to people.
  5. 9. _____ Risk occurs when conditions can be controlled to minimize the chance of harm.
  6. 10. Risk ______ is the systematic process of managing risk to achieve your objectives.
  7. 11. Insurable____ meets an insurance company's criteria for insurance coverage.
Down
  1. 1. ____ Risk is the threat of a loss with no opportunity for gain.
  2. 2. ______ Risk is a risk that is unacceptable to insurance carriers because the likelihood of loss is too high.
  3. 5. paid protection against loss due to injury or property damage.
  4. 8. _______ risk cannot be controlled.