33.1 Key Terms Keyed by Alexa McKinney

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