Chapter 33.1 Key terms Created: Cherish Bryant

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