Chapter 33.1 key terms created by: Heather Ledbetter

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