Chapter 33.1 Key Terms Created by: Tori Snook

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