RFP Module 2 Practice Questions - MFPC RFP Module 2 - Risk Management And Insurance Planning (Malaysia) Exam

Which of the following is considered a moral hazard?

Leaving keys in an unlocked car. Falsely claiming a higher value for stolen goods to get a larger payout. Poor wiring in an old building. Slippery floors in a supermarket.

Correct Answer:

Falsely claiming a higher value for stolen goods to get a larger payout.

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