Chapter 33.1 Key Terms Created by: Yesica Gaspar

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