Chapter 33.1 Key Terms Created by: Ben Collier

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Across
  1. 3. The possibility of catastrophe caused by a flood, tornado, hurricane, fire, lightning, drought, or earthquake.
  2. 5. The systematic process of managing risk to achieve your objectives.
  3. 7. The threat of a loss with no opportunity for gain.
  4. 8. When conditions can be controlled to minimize the chance of harm.
  5. 9. The possibility of loss or injury.
  6. 11. When there is a likelihood of economic loss.
Down
  1. 1. The risk of harm caused by humans.
  2. 2. A risk that is unacceptable to insurance carriers because the likelihood of loss is too high.
  3. 4. Risk that can't be controlled.
  4. 6. A risk that meets an insurance companies criteria.
  5. 10. Paid protection against loss due to injury or property damage.