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Life & Health · Chapter 2 · Perils, Losses & Hazards

Physical Hazard

Definition
A tangible, observable condition that makes loss more likely — it can be seen, touched, or measured.
Example
Poor health, ice on the road, a warehouse with faulty wiring.
Easy to confuse with

These are what this term gets tested against — if you can't tell them apart cold, drill the contrast.

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Verified against primary sources · 2026-08-10