Moral hazard Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about Moral hazard? On this page you'll find 2356 study documents about Moral hazard.
Page 2 out of 2.356 results
Sort by
-
FINN 3623 Risk Management Exam 1 (2024) || With Complete Answers (Graded A+)
- Exam (elaborations) • 9 pages • 2024
- Available in package deal
-
- $8.99
- 1x sold
- + learn more
FINN 3623 Risk Management Exam 1 (2024) || With Complete Answers (Graded A+) 
FINN 3623 Risk Management Exam 1 (2024) || With Complete Answers (Graded A+) 
 
PROTECT & ENHANCE the assets of an organization - ANSWER - What is the primary jobs/functions of the chief risk manager? 
 
peril - ANSWER - a cause of loss 
 
insurance - ANSWER - a mechanism of risk transfer 
 
hazard - ANSWER - anything that increases the probability of or severity of a loss 
 
physical hazard - ANSWER - a literal obstac...
-
Exam Fx Life and Health Tip Sheet Questions With Complete Solutions
- Exam (elaborations) • 18 pages • 2023
- Available in package deal
-
- $11.99
- 1x sold
- + learn more
Perils correct answer: the cause of loss 
 
Policy Owner correct answer: the person who has the rights and privileges in the policy 
 
Risk correct answer: Uncertainty or chance of loss 
-Pure Risk(Insurable) 
-Speculative(Uninsurable) 
 
Insured correct answer: the person covered by the insurance policy 
 
insurer correct answer: a company that issues an insurance policy 
 
Law of large numbers correct answer: the larger the number of people with the same exposure to loss, the more predic...
-
MHA 707 Exam C Questions & Answers 2023/2024
- Exam (elaborations) • 13 pages • 2023
-
- $10.49
- 1x sold
- + learn more
MHA 707 Exam C Questions & Answers 2023/2024 
 
 
Moral Hazard - ANSWER-When the act of insuring an event increases the likelihood that the event will happen 
 
behaving different when you know someone is taking the risk (induced demand) 
 
Adverse Selection - ANSWER-the situation in which one party to a transaction takes advantage of knowing more than the other party to the transaction 
 
the sicker people likely want more insurance, compared to those who are healthy 
 
Pooling of Risk - ANSWER...
-
RSK2601 MCQ EXAM PACK 2024
- Exam (elaborations) • 183 pages • 2023
-
- $2.85
- 34x sold
- + learn more
TEST BANK 
Enterprise Risk Management 
S - The Marketplace to Buy and Sell your Study Material 
1 
RSK2601 TEST BANK 
Question 1 
Which one of the following is a benefit of effective risk and opportunity management? 
1) Improved profit certainty 
2) Increased shareholder value 
3) Increased stakeholder confidence Correct option 3 
4) Lower economic returns 
Explanation 
Improved cost certainty, sustainable shareholder value, increased stakeholder confidence and 
higher economic returns...
-
LSUS MHA 710 Exam 4 Questions With Correct Answers!!
- Exam (elaborations) • 5 pages • 2023
- Available in package deal
-
- $7.99
- 1x sold
- + learn more
Research indicates that the 2014 expansion of Medicaid has led to a number of unintended 
consequences including: - higher per capita spending on the expansion population than 
anticipated. 
Which of the following statements is true about the Medicaid program? - The majority of total 
outlays are for the elderly and disabled. 
One of the reasons the 2008 Oregon Experiment was so important is because it(s): - experimental 
design included random selection of the treatment and control groups. 
Whi...
As you read this, a fellow student has made another $4.70
-
MHA 707 Exam C | 89 Questions with 100% Correct Answers | Verified | Latest Updated 2024 | Already Passed
- Exam (elaborations) • 16 pages • 2024
- Available in package deal
-
- $7.99
- 2x sold
- + learn more
Nonmarketability of risks - Inherent I medicine and medical practice health insurance. 
Moral hazard - behaving differently when you know someone else is taking the risk (induced 
demand) 
Adverse selection - The sicker people likely want more insurance (the healthier, less) 
Pooling of risk - Sharing risk proportionately among many is a basic insurance concept 
Financing health care in U.S. - •Workarounds 
•Redundancies 
•Contradictions 
(NHEA) - National Health Expenditure Accounts 
Nati...
-
MHA 707 Exam C Questions & Answers 2023/2024
- Exam (elaborations) • 13 pages • 2023
- Available in package deal
-
- $9.99
- 1x sold
- + learn more
MHA 707 Exam C Questions & Answers 2023/2024 
 
 
Moral Hazard - ANSWER-When the act of insuring an event increases the likelihood that the event will happen 
 
behaving different when you know someone is taking the risk (induced demand) 
 
Adverse Selection - ANSWER-the situation in which one party to a transaction takes advantage of knowing more than the other party to the transaction 
 
the sicker people likely want more insurance, compared to those who are healthy 
 
Pooling of Risk - ANSWER...
-
Alabama Property and Casualty Exam 2022/2023 with 100% correct answers
- Exam (elaborations) • 18 pages • 2022
-
- $10.49
- 4x sold
- + learn more
If a company cancels an auto policy mid term, the refund will be made on 
 
a. pro rata basis 
b. short rate basis 
c. retroactive basis 
d. coinsurance basis 
Pro Rata Basis 
 
 
 
What is the term used to describe terminating the insurance relationship at the end of the policy period ? 
a. cancellation 
b. nonrenewal 
c. separation 
d. exclusion 
Nonrenewal 
 
 
 
Which is the best example of an indirect loss ? 
 
a. sequential loss 
b. liability loss 
c. employee theft 
d. loss of use 
Loss o...
-
Life-Only Agent Exam 1 Questions and Answers 100% Pass
- Exam (elaborations) • 9 pages • 2024
- Available in package deal
-
- $11.49
- 1x sold
- + learn more
Life-Only Agent Exam 1 Questions and 
Answers 100% Pass 
AN example of a moral hazard in relation to a life insurance application would be: - Answer ️️ 
-Misstating your health history to an insurance company. 
John applies for a variable annuity and does not request that the premiums be immediately 
invested in a stock or bond portfolio. After the annuity is issued, John returns the annuity 
contract to the insurer within the free look period. What will John receive from the insurer? - 
Ans...
-
CA Life and Health Exam Questions and Answers Already Passed
- Exam (elaborations) • 14 pages • 2023
- Available in package deal
-
- $9.49
- 1x sold
- + learn more
CA Life and Health Exam Questions and Answers Already Passed What is insurance? Insurance is the legal contract where two parties agree that if something will happen, a value will be exchanged. 
What's the difference between pure risk and speculative risk? Pure risk is when you'll lose it all or there will be no change. Speculative risk you can either win or lose. 
What is peril? peril is the causes of loss insured against in an insurance policy 
What is hazard? conditions that increase the pr...
How did he do that? By selling his study resources on Stuvia. Try it yourself! Discover all about earning on Stuvia