governance standards
Why Auto Liability Coverage Has No Deductible: A Moral Hazard Perspective
Learn why liability insurance in auto policies lacks a deductible, how moral hazard drives this design, and what it means for drivers and insurers.
Every article on UseSpace Review about Moral Hazard — 7 stories covering it, newest first.
insurance essentials
Morale Hazard in Life Insurance: What It Is and How Insurers Manage It
Learn what morale hazard means in life insurance, how it differs from moral hazard, and the steps insurers take to manage increased risk from policyholder behavior.
insurance essentials
Examples of Moral Hazard in Life Insurance
Concrete examples of moral hazard in life insurance, from negligent behavior and over-insurance to fraud and murder-for-profit schemes, and how insurers detect and prevent them.
insurance essentials
When Must Insurable Interest Exist in Life Insurance?
In life insurance, an insurable interest must exist at the time the policy is purchased, not necessarily at the time of the insured's death. This prevents wagering.
insurance essentials
The Contribution Principle in Life Insurance Ethics
A clear, evergreen explanation of the contribution principle in life insurance ethics, covering definitions, rationale, practical applications, duties, and common scenarios.
insurance essentials
About an Insurable Interest in Life Insurance: What It Is and Why It Matters
Explains what constitutes an insurable interest in life insurance, who qualifies, how it protects against abuse, and practical examples to help you assess eligibility.
insurance essentials
Philip II banned all life insurance contracts in the Low Countries
Philip II banned life insurance in the Low Countries to prevent fraud, curb moral hazard, and protect his revenue. Explore the regulatory context, enforcement, and lasting impli...
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