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This question belongs to Commerce Insurance

Insurance

?

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

Answer & Solution

Correct Answer: Option C

When the age is advanced and large sum insured disproportionate to income moral hazard could be suspected.

Question posted by Examveda

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