Chapter 33.1 Key Terms Created By: Brad Montiel

Edit Answers
1234567891011
Across
  1. 1. Paid protection against loss due to injury or property damage.
  2. 4. Occurs when there is likelihood of economic loss.
  3. 6. Occurs when conditions can be controlled to minimize the chance of harm.
  4. 7. Risk that is unacceptable for insurance carriers because the likelihood of loss is too high.
  5. 8. Risk that meets and insurance company's criteria for insurance coverage.
  6. 11. The risk of harm caused by human mistakes,dishonesty, or another risk that is attributed to people.
Down
  1. 2. Cannot be controlled.
  2. 3. The threat of a loss with no opportunity for gain.
  3. 5. The systemic process of managing risk to achieve your objectives.
  4. 9. The possibility of a catastrophe caused by a flood, tornado, hurricane, fire, lightning, drought, or earthquake.
  5. 10. The possibility of loss or injury.