Chapter 33.2 Key Terms Created by: Karen Aquino

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