chp. 33.1 key terms

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