Chapter 33.1 Key Terms Created by: Will Rodenbeck

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Across
  1. 4. when there is a likelihood of economic loss
  2. 6. When condition can be controlled to minimize the chance of harm
  3. 9. a risk that meets an insurance company's criteria for insurance coverage
  4. 10. the threat of a loss with no opportunity for gain
Down
  1. 1. a risk that is unacceptable to insurance carriers
  2. 2. when conditions cannot be change to minimize the chance of harm
  3. 3. the risk of harm caused by human mistake, dishonesty, or another risk that is attributed to people
  4. 5. the systematic process of management risk to achieve your objectives
  5. 7. the possibility of a catastrophe caused by a flood tornado, hurricane, fire, lightning, drought, or earthquake.
  6. 8. the possibility of loss or injury