Chapter 33.1 Key Terms Created by: Mateo Vicentes

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