Question 1008 of 303 · California Life-Only Agent Exam
A policyowner stops locking the doors because the property is insured. This attitude illustrates
Exactly one answer is correct.
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Correct answer to question 1008
- B: morale hazard
Explanation
Morale hazard is carelessness or indifference that develops because insurance exists. It differs from moral hazard, which involves deliberate dishonesty.
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