Chapter 33.1 Key Terms Created by: Marianne Ortega

Edit Answers
1234567891011
Across
  1. 2. The risk of harm caused by human mistakes, dishonesty, or another risk that is attributed to people.
  2. 3. The systemic process of managing risk to achieve your objectives.
  3. 7. Occurs when conditions can be controlled to minimize the chance of harm.
  4. 9. The possibility of loss or injury.
  5. 10. When there is a likelihood of economic loss.
  6. 11. That threat of a loss with no opportunity for gain.
Down
  1. 1. A risk that is unacceptable to insurance carries because the likelihood of loss is too high.
  2. 4. A risk that meets an insurance company's criteria for insurance coverage.
  3. 5. Risk that cannot be controlled.
  4. 6. Paid protection against loss due to injury or property damage.
  5. 8. The possibility of a catastrophe caused by a flood, tornado, hurricane, fire, lighting, drought, or an earthquake.