33.1 Key Terms Created by: Dakota Kinnard

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