Chapter 33.1 Key Terms Created by: Tori Prieto

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