The factor which increases the possibility of loss that emanates from the insured attitude is?

The factor which increases the possibility of loss that emanates from the insured attitude is?

  • A.
    physical hazard
  • B.
    moral hazard
  • C.
    uninsured peril
  • D.
    excepted peril
Correct Answer: Option B
Explanation

moral hazard occurs when someone increases their exposure to risk when insured, especially when a person takes more risks because someone else bears the cost of those risks.

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