Chapter 33.1 Key Terms Created by: TUCKER COLE

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