Final answer:
A physical hazard results from a physical condition that increases the likelihood of a loss occurring. These hazards pose risks to the safety and well-being of individuals.
Step-by-step explanation:
The type of hazard that results from a physical condition that increases the likelihood of a loss occurring is known as a physical hazard.
Physical hazards are generally associated with the physical environment and can pose risks to the safety and well-being of individuals. Examples of physical hazards include slippery floors, faulty machinery, or exposed electrical wires.
When these physical conditions are present, they can increase the chances of accidents, injuries, or damage to property.