Examveda
Examveda

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: Option C

Solution(By Examveda Team)

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

This Question Belongs to Commerce >> Insurance

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