Answered

Find the best solutions to your questions at Westonci.ca, the premier Q&A platform with a community of knowledgeable experts. Explore in-depth answers to your questions from a knowledgeable community of experts across different fields. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.

in insurance Dishonest tendencies that increase the probability of loss are what types of hazard?

Sagot :

ogorwyne

Moral hazards are the insurance Dishonest tendencies that increase the probability of loss.

What is a moral hazard?

This is a term that is used to refer to a type of hazard that happens based on the fact that  person has risks that could have a negative effect on another.

When the person does not ,make decisions based on what is right but rather on what they hope to give them the greatest benefit.

Read more on moral hazard here:

https://brainly.com/question/15084670

#SPJ1

We hope this information was helpful. Feel free to return anytime for more answers to your questions and concerns. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. We're glad you visited Westonci.ca. Return anytime for updated answers from our knowledgeable team.