Chapter 33.1 Key Terms Created by: Kayla Byrge

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