Question 1006 of 303 · California Life-Only Agent Exam

Storing oily rags near a furnace is an example of which kind of hazard?

Exactly one answer is correct.

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Correct answer to question 1006

  • D: Physical hazard

Explanation

A physical hazard is a tangible condition that raises the chance of loss. Moral hazard is dishonesty and morale hazard is carelessness caused by being insured.

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