Chapter 33.1 Key Terms Created By: Cayton Bailiff

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