Exam (elaborations)
Property and Casualty Insurance Test Question Notes
- Course
- Institution
What is a peril? - Answer- A Peril is a cause of loss What is a hazard? - Answer- Something that increases the chance of a loss What is the difference between a Moral hazard and a Morale Hazard? - Answer- Moral Hazard - dishonesty, against the law Morale Hazard - carelessness What is the ...
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