A hazard that exists in a situation where the Insured would have a tendency to contribute to a loss by irresponsible or careless actions.
The term "morale hazard" addresses the issue of an apathetic insured (e.g., "It's insured, let it burn.")
The increase in the chance of loss caused by the insured's indifference or carelessness because of the existence of insurance, e.g., failure to check brakes regularly.
A hazard arising from indifference to loss because of the existence of insurance. Different from moral hazard.
a person's indifferent attitude toward risk
The hazard present in an insuring situation if the insured, through carelessness or as a result of his or her own irresponsible action, creates a loss.
A careless attitude on the part of an insured which increases the chance of loss or causes losses to be greater than would ordinarily be the case.
Hazard created by an individual’s tendency to contribute to a loss through his or her own irresponsible actions or carelessness.
A hazard resulting from the mental attitude of a careless or accident-prone person.
A hazard resulting from carelessness or indifference on the part of an insured or its employees.
An attitude that increases the probability of loss from a peril. The attitude of, "It's insured; so why worry?" is an example of a morale hazard
Hazard arising out of an insured's indifference to loss because of the existence of insurance. The attitude, "It's insured, so why worry," is an example of a morale hazard.
an attitude that increases the probability of loss - e.g., a carelessness in maintaining property that creates a fire hazard. (See MORAL HAZARD)
Morale hazard is an increase in the hazards presented by a risk arising from the insured's indifference to loss because of the existence of insurance. This differs from a moral hazard because in this case, there is no conscious or malicious intent to cause a loss.."Analyzing Hazards" Ludhardt, C. M. & Wiening, E.
