Chapter 33.1 Key Terms Created by Catherine

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