Chapter 33.1 Key Terms Created By: Alexis Penegar

1234567891011
Across
  1. 4. occurs when there is likelihood of economic loos
  2. 5. is the systemic process of managing risk to achieve your objectives
  3. 7. is a risk that is unacceptable to insurance carriers because the likelihood if loss is too high
  4. 9. cannot be controlled
  5. 10. is the possibility if a catastrophe casued by a flood,tornado, hurricane,fire,lighting,drought, or earthquake
Down
  1. 1. is the threat of a loss with no opportunity for gain
  2. 2. occurs when conditions can be controlled to minimize the change of harm
  3. 3. is the risk of harm caused by human mistakes
  4. 6. is a risk that meets an insurance company's criteria for insurance coverage
  5. 8. is paid protection against loss due to injury or property damage
  6. 11. is the possibility of loss or injury