Academic Librarian Reconcile Benchmark Product Development Development Activities Thrissur India
A hazard may be any action, condition, habit, circumstance, or situation that makes a peril more likely to occur or a loss more likely to be suffered as the result of a peril. Hazard is a condition or situation that increases the chance of loss in an insured risk. What is the difference between a peril and a hazard with respect to insurance coverage? Both of these terms are used frequently in insurance. Insurance Hazard means the conditions or situations that increase the chances of a loss arising from a peril.