Chapter 33.1 Key Terms Created By: Ethan Hawkins

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Across
  1. 2. The possibility of a catastrophe caused by a natural force.
  2. 4. Cannot be controlled.
  3. 6. The systemic process of managing risk to achieve your objectives.
  4. 7. A risk that meets an insurance company's criteria for insurance coverage.
  5. 9. Paid protection against loss due to injury or property damage.
  6. 10. When there is likelihood of economic loss.
  7. 11. The possibility of loss or injury.
Down
  1. 1. When conditions can be controlled to minimize the chance of harm.
  2. 3. A risk that is unacceptable to insurance carriers because the likely hood of loss is too high.
  3. 5. The risk of harm caused by human mistakes, dishonesty, or another risk that is attributed to people.
  4. 8. The threat of a loss with no opportunity for gain.