CH 33.1 Kay Terms Isaac Holle

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