help 9,10

1 points QUESTION 9 Mark has been an underwriter for 20 years. An application he recently reviewed looked odd to him. The building value in the application seemed far too high, and Mark suspected the applicant might be planning to destroy the property after it is insured. Mark hired an outside firm to investigate the applicant and to prepare a report about the applicant. This report is called an agent's report binder physical inspection inspection report QUESTION 10 1 points Exclusions are used in insurance policies for all of the following reasons EXCEPT to reduce moral hazard to waive policy conditions to eliminate coverage for uninsurable perils. to eliminate coverage not needed by typical insureds