Chapter 33.1

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Across
  1. 3. Risk occurs when there is likelihood of economic loss
  2. 4. is the possibility of loss or injury
  3. 6. risk cannot be controlled
  4. 8. is paid protection against loss due to injury or property damage
  5. 9. Risk is the possibility of a catastrophe caused by flood,tornado,hurricane etc.
  6. 10. risk is the threat of a loss with no opportunity for gain
Down
  1. 1. risk occurs when conditions can be controlled to minimize the chance of harm.
  2. 2. risk is a risk that is unacceptable to insurance carries because the likelihood of loss is too high
  3. 5. risk is a risk that meets an insurance company criteria for insurance coverage
  4. 7. risk is the risk of harm caused by human