morale hazard


A hazard that is based in the insured's attitude toward the insured belongings. This hazard exists when the insured no longer cares about his or her possessions because they are insured, for example, when an insured hopes to be in a car accident in order to have the insurance pay for a new car.

Use morale hazard in a sentence

You should try to make sure that you get rid of any morale hazard that may be slowing things down.

​ Was this Helpful? YES  NO 4 people found this helpful.

We felt like it was a morale hazard and we should not go through with it at all, because it would hurt us.

​ Was this Helpful? YES  NO 10 people found this helpful.

My co-worker and I had a frank talk about whether my client may be a morale hazard situation and whether or not I should intervene more strongly.

​ Was this Helpful? YES  NO 8 people found this helpful.

Show more usage examples...

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
moral turpitude moratorium