Chapter 33.1 Key Terms Created By: Jacob Joray

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Across
  1. 2. the possibility of loss or injury
  2. 6. Occurs when conditions can be controlled to minimize e the chance oh harm
  3. 8. The threat of a loss with no opportunity for gain
  4. 10. The possibility of a catastrophe caused by a flood, tornado, hurricane, fire, lightning and drought
Down
  1. 1. Occurs when there is a likelihood of economic loss
  2. 3. cannot be controlled
  3. 4. A risk that is unacceptable to insurance carriers because the likely hood of loss is to high
  4. 5. A risk that meets an insurance company's criteria for insurance coverage
  5. 7. the systemic process of managing risk to achieve your objectives
  6. 9. A paid protection against loss due to injury