Alphabetical Index

Habitation
Dwelling place; residence.

Hazard
1) A risk or probability that the event insured against might occur. 2) Condition which engenders or increases the chances of a loss.

Hazard, Moral
Hazard arising from character, interest, habits and lack of integrity of the insured or person concerned.

Hazard, Physical
Hazard arising from physical condition or characteristics of the object that is insured, e.g., using and storing volatile materials and substances on the premises.

Hit and Run Accident
Collision between motor vehicle and/or a motor vehicle and another object and/or a motor vehicle and a pedestrian where a driver leaves the scene of the accident without identifying him/herself. This is an offence under the Road Traffic Act.

Holdup
The taking of money or property by threat or the use of force or violence.