Pennsylvania Life and Health Insurance Exam Practice Question
Which of the following is NOT a type of hazard?
Correct Answer: C
Rationale: In the context of risk management, hazards are typically classified into categories that describe potential sources of harm.
Option A, Physical hazards, refer to tangible dangers like machinery or environmental conditions. Option B, Moral hazards, involve risks arising from unethical behavior or decisions. Option D, Morale hazards, relate to risks stemming from employee attitudes or behaviors that affect productivity and safety.
In contrast, Peril (Option C) refers to a specific cause of loss or damage, rather than a type of hazard itself. Thus, it does not fit within the classification of hazards.
Unlock All Questions
Subscribe to Premium for full access to all practice questions, detailed rationales, and performance tracking.
Subscribe Now