Ch.33.1 key terms created by: Maria Vasquez

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