Chapter 33.1 Key terms Created by: Samantha Honey

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Across
  1. 1. a risk that is unacceptable to insurance carrier because the likely hood is to high.
  2. 2. when conditions can be controlled to minimize the chance of harm.
  3. 3. paid protection against lost or due to injury property damage.
  4. 4. the systemic process of managing risk to achieve your objectives.
  5. 5. the possibility of a catastrophe caused by a flood, tornado, hurricane, fire, lighting, drought, or earthquake.
  6. 7. the risk that meets insurance company's criteria.
  7. 10. the risk of harm caused by human mistake, dishonesty or another risk that attributed to people.
Down
  1. 1. cannot be controlled.
  2. 6. risk occurs when there is a likelihood of economic loss.
  3. 8. is the possibility of loss or injury.
  4. 9. the threat of a loss with no opportunity for gain.