Chapter 33.1 Key Terms Created By: Ashley Salas Trujillo

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