Chapter 33.1 Key terms created by: Auston Everman

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Across
  1. 2. the possibility of loss or injury
  2. 5. paid protection against loss and due to injury or property damage
  3. 7. when there is a likelihood of economic loss
  4. 8. a risk that can't be controlled
  5. 10. caused nature like a natural disaster
  6. 11. the threat of loss with no reward
Down
  1. 1. the systematic process of managing risk to achieve your objectives
  2. 3. a risk that is unacceptable to insurance carriers because the likelihood of loss is too high
  3. 4. when conditions can be controlled to minimize the chance of harm
  4. 6. a risk that meets an insurance company's criteria for coverage
  5. 9. caused by humans