[ChrisMAg2]

Verletzt: hurt, as i.e. in an accident. "Er ist in dem Unfall verletzt worden." (He was hurt in that accident.)
Verwundet: hurt or wounded, as in recieving an injury by somebody or something, i.e. in a war. "Er ist bei dem Angriff verwundet worden." (He was injured on/ during that attack.)

So, you got it pretty well, Paul.