Term of the Day
Uh oh! You're not
Term of the Day
+ Create New Flashcard
Circumstance that increases the
of occurrence of a loss, or a larger than
, because of an insurance-policy applicant's indifferent
. For example, he or she might be careless in locking the doors and windows when leaving home. In
, morale hazard indicates that the
their actions or behaviors, as opposed to a deliberate
to cheat the
from his or her circumstances. Compare with
letter of indem...
ex gratia payme...
You Also Might Like...
Term Life Insurance vs. Whole Life Insurance
When choosing a life insurance policy two of the main types of plans available are term life insurance and whole life insurance. There are major differences between the two types of policies and this article will assist you with making the choice ...
Deciding When To Call It Quits
Starting your own business is not for the faint of heart. According to the U.S. Small Business Administration, half of all small businesses will fail before reaching their fifth anniversary. With a 50% chance of failure, individuals starting a small ...
How to Handle External Forces in Order to Maintain ...
How Small Business Culture Can Create Success
What do you think of when you think about small business culture? It can mean many things depending on who you talk to. It can be a "brand," motto, values, uniforms, or behaviors. It could also be service level, return/exchange policy, or customer ...
Copy & paste this HTML in your website to link to this page
Browse Dictionary by Letter: