Chapter 33.1 Key Terms Created by: Zach Storey
Across
- 1. risk the risk of harm caused by human mistakes, dishonesty, or another risk that is attributable to people
- 4. risk risk that involves the likelihood of economic loss
- 6. risk risk that is unacceptable to insurance carriers because the likelihood of loss is too high
- 9. risk risk that meets an insurance companys criteria for insurance coverage
- 10. risk risk that can be controlled to minimize the chance of harm
Down
- 2. risk risk that cannot be controlled to minimize the chance of harm
- 3. risk the threat of a loss with no opportunity for gain
- 5. paid protection against loss due yo injury or property damage
- 7. the possibility of risk or injury
- 8. risk the possibility of a catastrophe such as flood, tornado, hurricane, fire, lightning, drought, or earthquake.