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
waec 2017insurance

The correct answer is B. moral hazard

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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