A) The possibility that client would undertake dangerous expeditions after taking a policy
B) The possibility of ending own life or the life of another
C) Both the above instances
D) None of the three
✅ ANSWER: C
Moral hazard indicates that the possibility that client would undertake dangerous expeditions after taking a policy and the possibility of ending own life or the life of another.
Moral hazard indicates that the possibility that client would undertake dangerous expeditions after taking a policy and the possibility of ending own life or the life of another.