Chapter 33.1 Key Terms Created by: Salvador Garcia

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