An example of a moral hazard in relation to a life insurance application would be:

An example of a moral hazard in relation to a life insurance application would be:


A) An individual has an indifferent attitude about participating in activities that may be damaging to his health.

B) misstating your health history to an insurance company

C) A person suffering bouts of sever depression.

D) Someone who often drives at excessively high rates of speed.


Answer: B) misstating your health history to an insurance company

Comments

Popular posts from this blog

Give the von Neumann-Morgenstern utility function.

Life income joint and survivor settlement option guarantees