What does moral hazard indicate?

A The possibility that client would undertake dangerous expeditions after taking a policy
B The possibility of ending own life or the life of another
C Both the above instances
D None of the three

Correct Answer: Both the above instances

Moral hazard indicates that the possibility that client would undertake dangerous expeditions after taking a policy and the possibility of ending own life or the life of another.
Bissoy MCQ
#Commerce #Insurance

Related Questions

Which of the below can be attributed to moral hazard?
A Increased risky behaviour following the purchase of insurance
B Increased risky behaviour prior to the purchase of insurance
C Decreased risky behaviour following the purchase of insurance
D Engaging in criminal acts post being insured
In which case is the moral hazard present?
A A Bank manager with moderate occasional consumption of alcohol
B A race goer with betting habits and usually a heavy consumer of alcohol
C A university professor asking for a large cover on his life
D Where in a proposal the nominee is a near dependant of the proposer
In which of the following cases moral hazard could be suspected?
A When the age is advanced
B Large sum insured disproportionate to income
C Both A & B
D None of the three
Which of the following is not a moral hazard?
A Taking insurance at advanced age
B A proposer with many dependents taking ins
C When medical exam is done elsewhere
D Proposal on another life without insurable interest
Which of the following is not an hazardous occupation of moral hazard from a job?
A Working in a ration shop
B Working as a bodyguard to a criminal
C Working as a bartender
D Working in a night club
Find out the correct synonym of 'hazard'.
A Impartial
B Static
C Impolite
D Danger
Find out correct synonym of 'hazard'.
A Impartial
B Static
C Immobile
D Danger
নিচের কোন আপদটি (hazard) পৃথিবীতে মানুষের মৃত্যুর প্রধান কারণ?
A সড়ক দুর্ঘটনা
B তামাক ও মাদকদ্রব্য গ্রহণ
C ক্যান্সার
D বায়ু দূষণ
নিম্নের কোন আপদটি (hazard) পৃথিবীতে মানুষের মৃত্যর প্রধান কারণ?
A সড়ক দুর্ঘটনা
B তামাক ও মাদকদ্রব্য গ্রহণ
C বায়ু দূষণ
D ক্যান্সার
নিচের কোনটি আপদ (Hazard) এর প্রত্যক্ষ প্রভাব?
A অর্থনৈতিক
B সামাজিক
C পরিবেশগত
D অবকাঠামোগত

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