chp. 33.1 key terms

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