Chapter 33.1 Key Terms Created by: Nicolette Robertson

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Across
  1. 2. Possibility of a catastrophe caused by a flood, tornado, hurricane, fire, lightning, drought, or earthquake.
  2. 3. Can not be controlled
  3. 6. Risk of harm caused by human mistakes, dishonesty, or other risk that is attributed to people.
  4. 7. Threat of a loss with no opportunity for gain.
  5. 8. Paid protection against loss or injury or property damage.
  6. 9. Risk that meets an insurance company's criteria for insurance coverage.
Down
  1. 1. Occurs when conditions can be controlled to minimize the chance of harm.
  2. 3. Risk that is unacceptable to insurance carriers because the likelihood of loss is too high
  3. 4. Systemic process of managing risk to achieve your objectives.
  4. 5. Occurs when there is likelihood of economic loss.
  5. 10. Possibility of loss or injury