moral hazard
Definition
The risk that the presence of a contract will affect on the behavior of one or more parties. The classic example is in the insurance industry, where coverage against a loss might increase the risk-taking behavior of the insured.
 Cite this definition
'moral hazard
' appears in the definitions of these terms on BusinessDictionary.com
overinsurance, morale hazard, hazard
Related Research Articles from the InvestorGuide.com University
Life InsuranceIncludes all you need to know about provisions and types of life insurance policies. Learn about incontestable provisions, suicide provisions, reinstatement clauses, excluded risks, and settlement options. Once you speak the lingo, read up on the different types of life insurance: Term life, cash value, whole life, single premium life, universal life, variable life, and variable universal life. 
Health InsuranceLearn about the various kinds of health insurance available, including HMOs, PPOs, FFS plans, and Medicare. Find information about the advantages and disadvantages of each type of plan to help you decide what plan is best for you.
Car InsuranceIf you drive a car, you need to buy insurance. In many areas, it's mandated by law, and in any case, its worth protecting yourself against the high costs of accidents. Learn about the different policy types, liability, filing claims, and reducing your premiums in order to find the insurance policy that's right for you
Featured Sponsor
Start earning $200 to $900 a day working at home. No experience necessary. Money-back guarantee.
|
