Chapter 33.1 Key Terms Created by:Jesus Garcia

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Across
  1. 4. Paid protection against loss due,to injury or property risk
  2. 7. risk The possibility of a catastrophe caused by flood, tornado, hurricane, fire, lightning, drought, or earthquake.
  3. 8. risk Occurs when conditions can be controlled to minimize the chance of harm.
  4. 10. risk Occurs when there is likelihood of economic loss
Down
  1. 1. risk The threat of a loss with no opportunity for gain
  2. 2. The possibility of loss or injury
  3. 3. risk A risk that is unacceptable to insurance carriers because the likelihood of loss is too high
  4. 5. risk Cannot be controlled
  5. 6. risk A risk that meets an insurance company's criteria for insurance coverage
  6. 9. risk The risk of harm caused by human mistakes,dishonesty, or another risk that attributed to people