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Which of the following is considered to be an event or condition that increases the probability of an insured’s loss?
Options
A) Risk
B) Hazard
C) Indemnity
D) Peril
Answer: B) Hazard
The above question Which of the following is considered to be an event or condition that increases the probability of an insured’s loss?, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.
