Question

In what situation might a Moral Hazard Report be required by a life insurance company?

a.

When a policyholder travels frequently

b.

When a policyholder purchases multiple policies

c.

When a policyholder changes their occupation

d.

When a policyholder undertakes high-risk activities

Answer: (d).When a policyholder undertakes high-risk activities Explanation:A Moral Hazard Report may be required when a policyholder undertakes high-risk activities, like the dangerous skiing expedition.

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Q. In what situation might a Moral Hazard Report be required by a life insurance company?

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