Chapter 33.1 Key Terms Created by: Puja Patel

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