Created By: Ivy Brown Ch. 33.1

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