Chapter 33.1 Key Terms Created by: Zach Storey

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