Created By: Ivy Brown Ch. 33.1

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