Chapter 33.1 Key Terms Created By: Constance Miller

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Across
  1. 1. Risk that is unacceptable to insurance carriers because the likelihood of loss is too high.
  2. 2. Conditions can be controlled to a minimize the chance of harm.
  3. 3. Possibility of a catastrophe caused by a flood, tornato, hurricane, fire, drought, or earthquake.
  4. 5. The threat of a loss with no opprotunity for gain.
  5. 6. Paid protection against loss due to injury or property damage.
  6. 7. There is likelihood of economic loss.
  7. 8. Risk that meets an insurance company's criteria for iinsurance coverage.
  8. 9. Systematic process of managing risk to achieve your objectives.
Down
  1. 1. Risk that connot be controlled.
  2. 4. Risk of harm caused by human mistake, dishonesty, or other risks attributed to people.
  3. 9. Possibility of loss or injury.