An insurance policy is subject to a franchise of N115,000, how much would an insured who suffered of N120,000 recieve as compensation? by Sunday | Oct 17 | Insurance WAEC | 0 comments A. N5,000 B. N115,000 C. N120,000 D. N235,000 Correct Answer: Option A A. N5,000 Users Also Read These:A club received rent N10,000 and donation N30,000.…XYZ Ltd's total sales was #100,000. It had opening…The insured who suffered a loss would be entitled to…Which of these insurance principles requires a close…A reinsurance cover of N100,000 in excess of N20,000…