Chapter 33.1 Key Terms Created by: Kadin Hendrix

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