Chapter 33.1 Key Terms Created By: josue

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Across
  1. 2. is the threat of loss with no opportunity for gain.
  2. 4. Occurs when there is a livelihood of economic loss.
  3. 7. occurs when conditions can be controlled to minimize the chance of harm.
  4. 8. Risk that meets an insurance company's criteria for insurance coverage
  5. 9. Is the possibility of a catastrophe caused by a flood, tornado, hurricane, fire, lightning, drought, or earthquake.
  6. 11. The risk of harm caused by human mistakes
Down
  1. 1. The possibility of loss or injury =
  2. 3. Risk that can not be controlled
  3. 5. A risk that is unacceptable to insurable carriers because the likelihood of loss is too high
  4. 6. The systemic process of management risk to achieve your objective
  5. 10. is paid protection against loss due to injury