chp. 33.1 key terms
Across
- 2. threat of loss with no opportunity for gain
- 5. cannot be controlled
- 10. paid protection against loss due to injury or property damage
Down
- 1. harm caused by human mistakes
- 3. systematic process of managing risk
- 4. possibility of a catastrophe caused by natural disaster
- 5. a risk that is unacceptable to insurance carriers
- 6. when conditions can be controlled to min. the chance of harm
- 7. possibility of loss or injury
- 8. when there a likelihood of economic loss
- 9. risk that meets an insurance companies criteria for coverage